Politics Thread ( Don't click if you don't want to see political discussions. )

[paul1598419]

Trump can remove a Reserve Governor for cause and he can appoint the chair and vice chair at the end of their 4 year terms, governors can be nominated at the end of their 14 year terms, so unless there is cause, Trump can't get rid of Governors before the end of their terms..... or can he?

We may know as early as Tuesday next week. That is when Lisa Cook's hearing could get settled. My bet is Trump will lose this one. His allegations are years before Cook became a Federal Reserve Governor.

 

[paul1598419]

With many of Trump's tariffs taking effect last night, the markets are down again. There are tariffs between 10% and 50% in effect now. Prices will rise on just about everything.

 

[paul1598419]

A Federal Appeals Court ruled just now that Trump's emergency that he used to initiate his tariffs were Unconstitutional.

 

[paul1598419]

Trump is now claiming this Appeals Court is partisan. That is a common refrain from him when he loses. It remains to be seen if he will abide by the Court's ruling.

 

[RedCowboy]

I'm sure he will get a stay pending appeal.

 

[paul1598419]

I'm sure he will get a stay pending appeal.

The only court left is the SCOTUS. And, that's assuming they will even take this case.

 

[RedCowboy]

Time will tell.

 

[paul1598419]

Time will tell.

Actually, Trump's emergency claim was always illegal. That makes his tariffs illegal as well. He always had the option to ask Congress, but they turned him down in his first term. So, he decided to just go it on his own.

 

[Aorus Forever]

BREAKING: Trump tariffs found ILLEGAL by U.S. appeals court!!!​

So much for, no one is above the law...

​