But I don't remember anybody positioning the Federal Reserve Board publicly by threatening them for removal. Remember, for good reason, we call it cause. You have to have a reason to remove somebody for the Federal Reserve Board short of their term expiring. I want to circle back to the elections. One of the things we've noticed is there are many Republicans and Democrats, mostly Republicans, though, who've opted not to run for reelection. (16:55–17:02)
CLAIM
Asserts that a valid reason is required to remove a Federal Reserve Board member before their term ends.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
