Subject: Jerome Powell
Short and to the point.

Reporter question at a press conference:
Some of the President-elect's advisers have suggested that you should resign. If he asked you to leave would you go?

Powell:
No.


Follow up from another reporter:
Do you believe the president has the power to fire or demote you, and has the FED determined the legality of a President demoting at will any of the other Governors with leadership positions?

Powell:
Not permitted under the law.

Reporter:
What?

Powell:
Not. Permitted. Under. The. Law.


I'd say he looked a little annoyed at the questions, but Powell always looks a little annoyed.