Warren said, “I have tangled with him (Powell) on a regular basis about both regulations and interest rates. But, understand this, if Chairman Powell can be fired by the president of the United States, it will crash the markets in the United States.
The infrastructure that keeps this stock market strong and therefore a big part of our economy strong and therefore a big part of the world economy strong, is the idea that the big pieces move independent of the politics, that somebody is making his, their, her best decisions economically and independently.”
Gee, ole' Pocahontas sure can spin some serious bullshit, can't she?
What a truly hatefull piece of shit she is. Juss' sayin'...
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If she thinks that the firing of one man can crash the market, them , maybe, the whole system needs a reset, She's a big fool.
ReplyDeleteThis is exactly why DOGE needs to investigate every rep, senator and federal judge.
ReplyDelete”Because it would undercut the Fed being independent of politics."
ReplyDeleteBecause the Fed has ALWAYS been independent of politics. (eyeroll)