Can Trump Fire Powell? The Law Says No.

Not based on what we've seen so far. He does have the ability, if there's a causal reason, to fire Jay Powell, to fire Jay Powell. But I think what yesterday's visit made clear is he's nowhere close to satisfying that legal standard.The very fact that we saw him try to trump up an inflated cost estimate based on trying to bring in a third building was in many ways a concession by the president that he really didn't have the case that he needed for removal. So I think right now, Powell and the Fed, you feel ...