• Boddhisatva@lemmy.world
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    18 hours ago

    Fine. If that’s the case, I’m firing Trump. I have as much authority to do so as he has to fire Cook.

  • Avid Amoeba@lemmy.ca
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    12 hours ago

    Isn’t that part of Bessent’s goals? That is lowering of the dollar value to make US exports cheaper, imports more expensive, and thus decrease the trade imbalance?

      • threeonefour@piefed.ca
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        17 hours ago

        Off the top of my head:

        • Jailing/deporting people without trial
        • Taking command of a state’s national guard
        • Using the military to enforce domestic laws
        • Controlling tarrifs
        • Ending birthright citizenship
      • ryper@lemmy.ca
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        17 hours ago

        When the Supreme Court let Trump fire people he wasn’t supposed to be able to fire, they went out of their way to say the Fed is different, somehow more independent than the other “independent” agencies whose independence they’ve taken away.

    • Avid Amoeba@lemmy.ca
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      12 hours ago

      Even without resorting to violence, he has the authority to appoint Fed execs. What more does he need to control the Fed? The checks-and-balances propaganda is so strong that people keep believing the “independent” parts of the system which haven’t been taken over yet are indelendent. Until they aren’t. Then the hope moves to another bit of the system. Surely that part will withstand the takeover.