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Politics : President Barack Obama
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To: RetiredNow who wrote (103518)10/29/2011 7:58:22 PM
From: tejek  Read Replies (1) of 149317
 
The Chairman of the Fed Res is appointed by the President and confirmed by the Congress, but then cannot be fired by the President

YIkes! You said he can't be fired by the president. That's not true.........he rules at the behest of the president. When Bernanke's term was up last year, there was tons of the speculation whether Obama would reappoint him. You don't have your facts straight. You're buying into someone's BS.
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