No, the FED is not going away. Unfortunately it's human nature to do anything it can to create a financial panic. We like to buy when all are buying and sell wh

No, the FED is not going away. Unfortunately it's human nature to do anything it can to create a financial panic. We like to buy when all are buying and sell when all are selling. When everyone is selling and no one wants to buy prices tend to collapse at a faster rate. The only way to stop it is to have a buyer of last resort, that's one of the most important functions of the FED. If the FED goes away we'll see some very nasty crashes. Congress knows that and won't let any one administration change its role. One of the reasons people want to get rid of the FED is that they encourage markets to act recklessly because the FED is there to save the day when the panics start. But the problem is that there will always be panics and finding a buyer of last resort every time makes for a very unstable market and it limits its growth since the general risk is perceive as higher. Thrump wants lots of changes but going back to the gold standard or getting rid of the FED will not happen during his administration.