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  4. Fed Chair Powell’s statement

Fed Chair Powell’s statement

Scheduled Pinned Locked Moved Off Key - General Discussion
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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote last edited by
    #2

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    • Piano*DadP Offline
      Piano*DadP Offline
      Piano*Dad
      wrote last edited by
      #3

      I love these Republicans who find their moral center and their spine only once they've committed to leaving politics ...

      If Tillis finally understands the danger, he needs to to find a way to convince Murkowski, Collins, and possibly McConnell, Curtis, and Young to temporarily caucus with Democrats.

      https://www.cnbc.com/2026/01/12/republican-sen-thom-tillis-vows-to-block-trumps-fed-nominees-following-powell-probe.html

      Crazy economist who likes to write about higher education.

      1 Reply Last reply
      • wtgW Offline
        wtgW Offline
        wtg
        wrote last edited by
        #4

        The Pauline conversions are taking way longer than I'd like, but I welcome these defectors with open arms. We need them.

        When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

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        • J Offline
          J Offline
          jon-nyc
          wrote last edited by
          #5

          IMG_9876.jpeg

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          👍
          • wtgW Offline
            wtgW Offline
            wtg
            wrote last edited by wtg
            #6

            White House says Trump did not instruct DoJ to investigate Powell
            Speaking to reporters outside the White House today, press secretary Karoline Leavitt said that the Donald Trump did not instruct the justice department to investigate Federal Reserve chair Jerome Powell.

            “The president has every right to criticize the Fed chair. He has a first amendment right, just like all of you do,” Leavitt said. “And one thing’s for sure, the president has made it quite clear, Jerome Powell is bad at his job. As for whether or not Jerome Powell if a criminal, that’s an answer for the Department of Justice.”

            https://www.theguardian.com/us-news/live/2026/jan/12/donald-trump-ice-minnesota-fed-jerome-powell-iran-cuba-venezuela-greenland-us-politics-live-news-updates

            alt text

            When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

            MikM 1 Reply Last reply
            • wtgW Offline
              wtgW Offline
              wtg
              wrote last edited by wtg
              #7

              A perturbed Treasury Secretary Scott Bessent told President Trump late Sunday that the federal investigation into the Federal Reserve chair "made a mess" and could be bad for financial markets, two sources familiar with the call told Axios.

              Why it matters: Bessent's worries about the financial fallout were somewhat realized Monday, when the dollar dropped as bond yields and the price of gold rose amid worries about political interference in the Fed.

              "The secretary isn't happy, and he let the president know," one source familiar with Bessent's call to Trump told Axios.

              Sunday night, Trump appeared to distance himself from the investigation of Fed chair Jerome Powell for allegedly misrepresenting the costs of renovations to the Federal Reserve's headquarters in D.C.
              U.S. Attorney Jeanine Pirro's office in D.C. launched the probe without giving a heads-up to Treasury, top White House officials or the main Justice Department, sources told Axios.

              https://www.axios.com/2026/01/12/bessent-trump-investigation-powell-federal-reserve

              When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

              1 Reply Last reply
              • wtgW wtg

                White House says Trump did not instruct DoJ to investigate Powell
                Speaking to reporters outside the White House today, press secretary Karoline Leavitt said that the Donald Trump did not instruct the justice department to investigate Federal Reserve chair Jerome Powell.

                “The president has every right to criticize the Fed chair. He has a first amendment right, just like all of you do,” Leavitt said. “And one thing’s for sure, the president has made it quite clear, Jerome Powell is bad at his job. As for whether or not Jerome Powell if a criminal, that’s an answer for the Department of Justice.”

                https://www.theguardian.com/us-news/live/2026/jan/12/donald-trump-ice-minnesota-fed-jerome-powell-iran-cuba-venezuela-greenland-us-politics-live-news-updates

                alt text

                MikM Offline
                MikM Offline
                Mik
                wrote last edited by
                #8

                @wtg said in Fed Chair Powell’s statement:

                White House says Trump did not instruct DoJ to investigate Powell
                Speaking to reporters outside the White House today, press secretary Karoline Leavitt said that the Donald Trump did not instruct the justice department to investigate Federal Reserve chair Jerome Powell.

                “The president has every right to criticize the Fed chair. He has a first amendment right, just like all of you do,” Leavitt said. “And one thing’s for sure, the president has made it quite clear, Jerome Powell is bad at his job. As for whether or not Jerome Powell if a criminal, that’s an answer for the Department of Justice.”

                https://www.theguardian.com/us-news/live/2026/jan/12/donald-trump-ice-minnesota-fed-jerome-powell-iran-cuba-venezuela-greenland-us-politics-live-news-updates

                alt text

                That makes no sense whatsoever. It absolutely had to come from the oval office.

                “I refuse to answer that question on the grounds that I don't know the answer”
                ― Douglas Adams

                wtgW 1 Reply Last reply
                • J Offline
                  J Offline
                  jon-nyc
                  wrote last edited by
                  #9

                  Zero chance they’d do this without his ok

                  1 Reply Last reply
                  • MikM Mik

                    @wtg said in Fed Chair Powell’s statement:

                    White House says Trump did not instruct DoJ to investigate Powell
                    Speaking to reporters outside the White House today, press secretary Karoline Leavitt said that the Donald Trump did not instruct the justice department to investigate Federal Reserve chair Jerome Powell.

                    “The president has every right to criticize the Fed chair. He has a first amendment right, just like all of you do,” Leavitt said. “And one thing’s for sure, the president has made it quite clear, Jerome Powell is bad at his job. As for whether or not Jerome Powell if a criminal, that’s an answer for the Department of Justice.”

                    https://www.theguardian.com/us-news/live/2026/jan/12/donald-trump-ice-minnesota-fed-jerome-powell-iran-cuba-venezuela-greenland-us-politics-live-news-updates

                    alt text

                    That makes no sense whatsoever. It absolutely had to come from the oval office.

                    wtgW Offline
                    wtgW Offline
                    wtg
                    wrote last edited by wtg
                    #10

                    @Mik said in Fed Chair Powell’s statement:

                    That makes no sense whatsoever. It absolutely had to come from the oval office.

                    Apparently my joke missed the mark. I was just using the Sgt Schulz gif for the Trump "denials". Comedy has never been my strong suit.

                    Unless you weren't referring to Stg Schulz (which I assumed you were because it was included in the quoted post), but rather only to Trump's denial.

                    When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

                    1 Reply Last reply
                    • MikM Offline
                      MikM Offline
                      Mik
                      wrote last edited by
                      #11

                      The denial. The Schultz was funny.

                      “I refuse to answer that question on the grounds that I don't know the answer”
                      ― Douglas Adams

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