When asked if he was confident that President #DonaldTrump’s #Fed chair nominee #KevinWarsh will stand up to political pressure from the president, Fed Chair #JeromePowell said that he believed so. “So he testified very strongly to that effect in his hearing, and I’ll take him at his word,” Powell said. Tap the link on screen for full details.
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When asked if he was confident that President #DonaldTrump’s #Fed c…
124.1K views2 weeks ago
TikTokcnbc
Why Go After Powell Now? With Powell’s term ending in just months and only three Fed meetings left, the timing doesn’t add up. Powell claims this is a fight over central bank independence — and suggests Trump is behind it. But Trump says he’s not involved, and the markets aren’t panicking. Yes, Trump has pushed for faster rate cuts, and yes, Powell has resisted — under both Democrats and Trump. But if this were retaliation, why now? The math doesn’t work. This looks less like a personal attack a
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Why Go After Powell Now? With Powell’s term ending in just mont…
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