There has to be actual malfeasance....he cant fire her on an allegation. Needs at the very least an indictment
That is literally bullshit. Maybe your retarded friends drinking Colt 45 at the Spinx in Nicholtown believe it, but nobody with a brain
"Congress, through the Federal Reserve Act, directs that governors serve in long, fixed terms and may be removed by the president only 'for cause'," the central bank said in a statement. "Long tenures and removal protections for governors serve as a vital safeguard, ensuring that monetary policy decisions are based on data, economic analysis, and the long-term interests of the American people."
"Termination can happen for cause or without cause. Generally speaking, an employee who is fired for cause is being terminated for their misconduct. They could have broken the law, violated an important company policy, or made a serious mistake or lapse in judgment that put the company at risk."