Economics Thread

acesfull86 said:
Criminal probe against Powell. I’m sure it’s about the renovations to the Federal Reserve buildings, and not an attempt to pressure him into cutting rates. Totally normal stuff…nothing to see here…

And good on Sen Tillis for saying he’ll block confirmation for any Fed nominee…hopefully other members of our useless Congress grow a pair
Click to expand...

Yeah, Trump really shot himself in the foot on this one and if you don't want to hear it from me, hear it from a right wing writer:

https://twitter.com/x/status/2010694700794077257

Thom Tillis alone can kill Fed nominations from even getting out of committee if this doesn't go away and you could well have ended your chances of a 100% Trump aligned Fed chair.

And no, this is not about fraud. It's about wanting Powell to go away so you have more influence over the Fed. But the thing this is doing is making it more likely he serves out his term.
 
You must log in or register to reply here.
Back
Top