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User ID: 75034715 United States 12/24/2018 10:26 AM Report Abusive Post Report Copyright Violation | Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 2. Members ineligible to serve member banks; term of office; chairman and vice chairman The members of the Board shall be ineligible during the time they are in office and for two years thereafter to hold any office, position, or employment in any member bank, except that this restriction shall not apply to a member who has served the full term for which he was appointed. Upon the expiration of the term of any appointive member of the Federal Reserve Board in office on the date of enactment of the Banking Act of 1935, the President shall fix the term of the successor to such member at not to exceed fourteen years, as designated by the President at the time of nomination, but in such manner as to provide for the expiration of the term of not more than one member in any two-year period, and thereafter each member shall hold office for a term of fourteen years from the expiration of the term of his predecessor, unless sooner removed for cause by the President. Of the persons thus appointed, 1 shall be designated by the President, by and with the advice and consent of the Senate, to serve as Chairman of the Board for a term of 4 years, and 2 shall be designated by the President, by and with the advice and consent of the Senate, to serve as Vice Chairmen of the Board, each for a term of 4 years, 1 of whom shall serve in the absence of the Chairman, as provided in the fourth undesignated paragraph of this section, and 1 of whom shall be designated Vice Chairman for Supervision. The Vice Chairman for Supervision shall develop policy recommendations for the Board regarding supervision and regulation of depository institution holding companies and other financial firms supervised by the Board, and shall oversee the supervision and regulation of such firms. The chairman of the Board, subject to its supervision, shall be its active executive officer. Each member of the Board shall within fifteen days after notice of appointment make and subscribe to the oath of office. Upon the expiration of their terms of office, members of the Board shall continue to serve until their successors are appointed and have qualified. Any person appointed as a member of the Board after the date of enactment of the Banking Act of 1935 shall not be eligible for reappointment as such member after he shall have served a full term of fourteen years. [12 USC 242. As amended by acts of March 3, 1919 (40 Stat. 1315); June 3, 1922 (42 Stat. 620); June 16, 1933 (48 Stat. 166); Aug. 23, 1935 (49 Stat. 704); November 16, 1977 (91 Stat. 1388); and act of July 21, 2010 (124 Stat. 2126). The Banking Act of 1935, referred to in this paragraph, became effective Aug. 23, 1935. Prior to the enactment of that act, the chairman and vice chairman of the Board of Governors of the Federal Reserve System were known as the governor and vice governor of the Federal Reserve Board, respectively. See note to the third paragraph of section 1. The act of November 16, 1977, amended the second sentence of this paragraph. The amendment takes effect on Jan. 1, 1979, and applies to individuals who are designated by the President on or after such date to serve as chairman or vice chairman. The act of July 21, 2010, designated a new Vice Chairman for Supervision.] Last Edited by Indiana Jones on 12/24/2018 12:40 PMLight travels faster than sound. This is why some people appear bright until you hear them speak |
Works4Me
User ID: 63594739 United States 12/24/2018 10:28 AM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 Great find OP...probably should forward to the Trump organization. I would assume the lawyers there don't read statutes either Six foot girl gonna sweat when she dig
Stand close to the fire, when they light the pig |
Indiana Jones (OP)
User ID: 75034715 United States 12/24/2018 10:33 AM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 Stumbled across it while looking up some other things. I found it very interesting. Very dry reading though...LOL Light travels faster than sound. This is why some people appear bright until you hear them speak |
PhallexJones
User ID: 77123135 United States 12/24/2018 10:47 AM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 ok "McDonald's is some of the best food you can find. But keep buying that overpriced bullshit from Whole Foods why don't ya?" anon |
javierruizleon
User ID: 68049494 United States 12/24/2018 11:01 AM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 Genesis-Acts,Hebrews-Revelation to, you know who Romans-Philemon to the Church Mid-Acts Pauline Dispensational Right Division |
Anonymous Coward User ID: 76953234 United States 12/24/2018 11:27 AM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 He would instantly be replaced by another ds banker.
Dismantle the fed! |
Indiana Jones (OP)
User ID: 75034715 United States 12/24/2018 11:53 AM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 He would instantly be replaced by another ds banker.
Dismantle the fed!
Quoting: Neenerner I am starting to think that could be the plan. Light travels faster than sound. This is why some people appear bright until you hear them speak |
Revo/elation
User ID: 57369630 United States 12/24/2018 11:53 AM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 5* work op! |
Crypto-Tard
User ID: 69359666 United States 12/24/2018 12:08 PM
Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 5* and green for this find, OP. Pin request. This is bringing the Fed's illegal status to the attention of the public. Everyone can now see the money manipulation that routinely happens with the Fed. Trump needs to put out a tweet about Karl Marx's goals with a central bank, they are #5 in his ten planks for communism " 5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly." They not only determine the rates for credit, they can also turn off anyone's credit when there is a single source. When you are afraid of losing your life, you have already lost your life.
Don't be afraid. |
Forever.the.Student
User ID: 77032881 United States 12/24/2018 12:17 PM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 Nicely done, OP... "Things are more like they are right now than they ever have been." - Dwight D. Eisenhower
In religion and politics people’s beliefs and convictions are in almost every case gotten at second-hand, and without examination, from authorities who have not themselves examined the questions at issue but have taken them at second-hand from other non-examiners, whose opinions about them were not worth a brass farthing - Mark Twain
it's all mental masturbation.
Seeing through the game isn't winning the game !
"There are a thousand hacking at the branches of evil to one who is striking at the root." - Henry David Thoreau |
Indiana Jones (OP)
User ID: 75034715 United States 12/24/2018 09:08 PM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 Light travels faster than sound. This is why some people appear bright until you hear them speak |
Abi ~
User ID: 77216778 United States 12/24/2018 10:09 PM
Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 You accept the love you think you deserve~~~
Love cannot live where there is no trust~~~
Truth has no temperature~~~
Love like it's never gonna hurt~~~
Have no regrets~~~ |
Jake
User ID: 76890717 United States 12/24/2018 10:20 PM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 Post it on his twitterEvil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!
Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes." |
Jake
User ID: 76890717 United States 12/24/2018 10:20 PM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 He would instantly be replaced by another ds banker.
Dismantle the fed!
Quoting: Neenerner I am starting to think that could be the plan. Quoting: Indiana Jones if he can fire one he can fire them all Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!
Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes." |
JuliusPerving
User ID: 73511827 United States 12/24/2018 10:21 PM Report Abusive Post Report Copyright Violation | Re: Trump CAN fire Fed Governors - Federal Reserve Act Sec 10 #2 He needs them to run up the destruction to 0 on the markets. Then he can dissolve the fed. End the Fed! JuliusPerving |