Donald Trump announced that he had instructed his advisers to review the legality of several appointments to the Federal Reserve Board of Governors made by Joe Biden, the 46th president of the United States.
During a speech in Mount Pocono, Pennsylvania, Trump said that Biden may have signed documents appointing these individuals with a pen. “I've heard that these appointments may have been signed with a pen“, Trump said. He noted that this could also apply to Federal Reserve Chairman Jerome Powell. According to Trump, the US president "cannot use a pen" to sign such documents unless he is specifically authorized.
“I think someone should look into that“, the US leader added. “They put people in there who are not authorized to be there“, he added, referring to the Federal Reserve Board of Governors. “Scott, would you look into that?“ “ Trump said, addressing US Treasury Secretary Scott Besant, who was present in the room.
On November 28, Trump said that “all the documents signed“ by Biden “with a pen, which is approximately 92% of them, are now null and void“. As the US leader noted at the time, “radical left Democrats“ in effect “they took away Biden's presidential powers“. Trump has repeatedly stated that Biden did not sign the documents himself and that his entourage resorted to using a chemical.
The authorities in the current administration in Washington have repeatedly stated that the Federal Reserve is guided by political interests and that its board of governors includes many people who oppose Trump.
The American leader emphasized that the Federal Reserve must consistently lower its key interest rate. Trump claims that the Federal Reserve deliberately did not do this in order to keep the US government's borrowing costs high. Powell has repeatedly stated that he does not intend to resign. His term expires in May next year. year.