SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (103637)10/30/2011 1:25:53 PM
From: tejek  Read Replies (2) | Respond to of 149317
 
No, it's a fact. Right now, if Obama wanted to get rid of Bernanke, he couldn't. He doesn't have the authority. Only Congress can impeach Bernanke. That's how it works. Presidents appoint, Congress confirms and only Congress can impeach and remove the Fed Chairman.
But the president can not reappoint him when his term is up............which means your original claim that Bernanke is there for life is incorrect.



To: RetiredNow who wrote (103637)10/30/2011 2:05:24 PM
From: bentway  Read Replies (1) | Respond to of 149317
 
All Obama could do is ask for Bernanke's resignation. Then, if he didn't get it, make it public. He could fire Tim Geithner tomorrow.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News