BREAKING NEWS: Senator Tommy Tuberville calls for the impeachment of Federal Reserve Chairman Jerome Powell.
President Trump harshly criticizes Federal Reserve Chairman Jerome Powell: "Frankly, we have a $&-/:$ in the Federal Reserve... He is a politician who is not smart, but he is costing the country a fortune... I would never have re-elected him; Biden re-elected him."#PowellRemarks
Congress has the power to close the Federal Reserve because it created the Fed through the Federal Reserve Act of 1913. As the legislative body, Congress can pass laws to amend or repeal that act, effectively dissolving the Fed. However, this would require a majority vote.$BTC