Powell pushes back as Trump’s DOJ launches unprecedented investigation into Fed
The Justice Department has launched an unprecedented criminal investigation against the Federal Reserve and its chairman, Jerome Powell. For his part, Powell made it clear he was fed up with what he sees as a threat from President Trump and said he would not capitulate to political pressure when shaping economic policy.
Every single time you think Trump has gone too far, within 24 hours, he’s doing something else that is unbelievable.
Barely 2 weeks into the new year Trump has illegally kidnapped the President of a country and seized their oil; he has attempted to white wash his Jan 6th insurrection; he lied about the murder of Renee Good; and has threatened Cuba, Greenland and Columbia with possible military action.
All in less than 2 weeks.
NOW he’s threatening the Federal Reserve Chair Jerome Powell with a trumped up corruption charge in the overspending of Treasury Building renovations!
It’s such a trumped up charge and total abuse of power by Trump for someone who only has 5 more months to run.
It’s pure intimidation and truly threatens economic stability like never before…
Trump’s intimidation of Fed’s leadership threatens economic stability, Yellen says
As Federal Reserve Chair Jerome Powell pushes back against a criminal probe from the Trump Justice Department, Amna Nawaz discusses the developments with Janet Yellen. She served as chair of the Federal Reserve Board from 2014 to 2018 and was Treasury Secretary during the Biden administration.
…attacking the Federal Reserve Chair on false charges of corruption to intimidate whoever takes the job next is so incredibly dangerous to economic stability.
This is where we are now with Trump…
…the new war between Trump and Powell is the next goose step towards the edge
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” It’s such a trumped up charge and total abuse of power by Trump for someone who only has 5 more months to run.
” It’s pure intimidation and truly threatens economic stability like never before ”
Hmm at least the yanks are open with their knives poised at the back.
Unlike in sleepy hobbit town where a reserve bank governor was removed at the behest of the incoming government who is acting and representing all New Zealanders but in reality their banking friends to enact policies favorable to them and their corporate weasels .
Say what you like against the millennial fascist, at least he is upfront about who he is assassinating next.