Posted on 09/13/2021 1:05:37 PM PDT by ChicagoConservative27
We believe the national interest will be best served by President Biden reappointing Jerome Powell to chair the Federal Reserve System.
The most important issue facing us today is the enactment of President Biden’s comprehensive program responding not just to the ravages of COVID-19 but to the underlying social and economic problems that have exacerbated its effects. Reappointing Mr. Powell will provide strong support for this essential step.
We are not predicting a diminution of the Fed’s independence. Whatever one thinks of the rule that presidents should not tell the Fed what to do, it is clear that Mr. Powell is a believer — as Donald Trump discovered to his dismay. In fact, this is very much why Powell’s explicit refutation of the economic argument against the Biden plan carries so much weight.
(Excerpt) Read more at thehill.com ...
This can’t be good.
Frank won’t be satisfied until he can facilitate another
collapse.
Chris Dodd and Barney Frank . . . say no more.
There’s no one else in line who would do much different from Powell so it doesn’t matter which one of them is at the helm. Any differences are more smoke than fire.
The architects of the 2008 Economic Crash Meltdown with their Fannie Mae liberal underwriting rules are trying to give advice?
Chris Dodd and Barney Frank . . . say no more.
Are they still alive
Dodd and Frank directly responsible for Fannie Mae and Freddy Mac loaning money that led to the 2008 economic crash. They blocked legislation 17 times that could have prevented this event, that destroyed so many people lives.
Do you really want to take advice from two people that already crashed the economy???
There is no reason why Powell shouldn’t get another term except for the fact that he’s a Trump appointee. That may be the kiss of death for him.
These two grifters should be ashamed to show their faces in public.
You would if you want to crash the economy.
Are those two still an item?
CHRIS DODD AND BARNEY FRANK, the prime architects of the 2008 financial collapse. Shooting for another, I assume.
One appointment by Trump I truly did not understand at all even if you go purely pragmatic - may as well have reappointed Yellen than to have appointed this guy.
Chris Wray was another.
The Dems were behind this - but with the help of the media they successfully deflected blame. Their massive success in getting the public to believe this Big Lie was never successfully refuted - and most still believe these lies today.
I didn’t realize they were a couple now ...
“Chris Dodd and Barney Frank . . . say no more.”
Is “whoremonger and faggot,” too much more?
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