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Social Studies, 22.04.2020 19:16 tdyson3p6xvtu

President Trump tweeted on Friday that Jerome H. Powell chair of the Federal Reserve might
be a bigger enemy of the United States than China's president because the Fed has refused
Trump's demand to lower interest rates significantly. The president said that the high cost of
borrowing hurts the US. economy.. but today unemployment is near an all-time low and
inflation is below the Fed's 2 percent target. Trump's trade war - particularly his on again
off-again tariffs - has dented business confidence and could push the economy into a
recession. To forestall that, he wants the Fed to lower rates. The Senate confirmed Powell to a
four-year term as chair in addition to a 14-year term as govemor. The law says that governors
can only be fired for cause, and courts don't typically construe policy differences as cause
Institutionally, the Fed is insulated from the rest of the government. Its funds come not from
Congress but from its own operations; Fed govemors have extraordinary long terms and so
forth
(A) Describe what specific informal power of the president that Trump is exercising in the
scenario.

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Does this sound good? hey great britain, we need to talk. we’ve been through a lot these past couple of years and i don’t think that i would’ve made it this far without you but, i think it’s time that i tried to. don’t get me wrong, i think you’re a pretty great country! you’re smart, you’re funny, you're rich, and very dominant but, these past couple of years you’ve been a little too dominant. as each year goes by you become more and more self-absorbed. you’re only concerned about your own well-being. for example, when we get into arguments you always raise the taxes on paper and tea prices; it just isn’t fair. not only are you selfish but, you always want your buddies around. it’s not very fun cleaning up after you and your british soldiers (you guys never put the toilet seat down). they’re always popping up unexpected, and you always force me to let them stay for a couple of days. not to mention how irresponsible you are. i don’t like it when you force some of your responsibility on me. it’s not my fault that you got yourself into another war so, why should i have to pay for it? listen, in the beginning, what we had was good but, you and i aren’t so compatible anymore. i think it’s best if i took some time to be independent and think for myself for once. -yours truly, the states
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President Trump tweeted on Friday that Jerome H. Powell chair of the Federal Reserve might
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