Kevin Warsh in a pickle.

Then why did you and Trump blame Powell?
You like me to repeat myself don't you? The Fed chair has power. The Fed chair cannot arbitrarily set rates. There are 12 voting members on the FOMC and a majority is needed.
 
  • By conventional measures, China has 391,000 state-owned enterprises (SOEs), but new analysis of state ownership among all 40 million registered firms in China finds that 363,000 firms are 100% state-owned, 629,000 firms are 30% state-owned, and nearly 867,000 firms have at least some state ownership.
 
The rich do not want the Fed to be a POTUS puppet. They know that will vastly damage their ability to make moneyl·long term as politicians would only care about the next election cycle and would always want to flood the market with cheap money for a sugar high, even if it lead to market collapse and recession after.
They want control

They will buy a president if they can


They want tax cuts and deregulation

They can just buy the next guy if they can

Trump has lost his use to them now
 
They want control

They will buy a president if they can


They want tax cuts and deregulation

They can just buy the next guy if they can

Trump has lost his use to them now
Yes but they want a stable Fed. That is a top priority to maintain a stable business climate
 
The rich do not want the Fed to be a POTUS puppet. They know that will vastly damage their ability to make moneyl·long term as politicians would only care about the next election cycle and would always want to flood the market with cheap money for a sugar high, even if it lead to market collapse and recession after.
Your post is the argument for Fed independence. Presidents, regardless of party, like lower rates and easy credit because their interests are short term.

Now the Fed is never fully apolitical but its independence is important.
 
You like me to repeat myself don't you? The Fed chair has power. The Fed chair cannot arbitrarily set rates. There are 12 voting members on the FOMC and a majority is needed.
The Fed head has 7 of the board,in his party ,appointed by the president who appointed him. They have never defied the Fed chairman. Not once.https://www.npr.org/sections/planet-money/2026/02/10/g-s1-109375/how-much-power-does-the-fed-chair-really-have
Repeat all you want, you are wrong
 
The Fed head has 7 of the board,in his party ,appointed by the president who appointed him. They have never defied the Fed chairman. Not once.https://www.npr.org/sections/planet-money/2026/02/10/g-s1-109375/how-much-power-does-the-fed-chair-really-have
Repeat all you want, you are wrong
I'm not sure what to tell you Nordberg if you think that's wrong. The Fed Chair can't unilaterally raise or lower rates like a President issuing an E.O. It doesn't work that way.

There's not a Republican monetary policy and a Democratic monetary policy. The Fed isn't like Congress where people are highly partisan and tribal and regularly vote as a team member.

There are Republican hawks and doves and there are Democratic hawks and doves. If monetary policy and the Fed was a team sport Reagan never would have reappointed Volker, Clinton never would have reappointed Greenspan, Obama never would have reappointed Bernanke and Biden never would have reappointed Powell.
 
While not relevant to this discussion, I was. When inflation is rising, rates should be increased. No matter who is president.

Inflation isn't rising, Comrade fake lawyer. It was once again below projections. The only price that has risen is oil.

You Communists thought your gerrymandering scheme would hand you the midterms. Now they have failed so you're hoping to sabotage the economy.

You are desperate because you see what we all see, the midterms slipping away from you.

There is no justification to raise rates and it's not going to happen. Maybe your party can release another biological weapon on the American people?
 
Prove it. Provide links to your posts or threads. You are a known liar. I can’t be expected to take your word for it.
The fake lawyer is desperate. Gerrymandering didn't work out the way his Reich intended. The Marxists democrats face the VERY real prospect of the Americans retaining all three branches of government after the midterms. This flaccid attack on the economy is a "hail mary" by the Commies.
 
The rich do not want the Fed to be a POTUS puppet. They know that will vastly damage their ability to make moneyl·long term as politicians would only care about the next election cycle and would always want to flood the market with cheap money for a sugar high, even if it lead to market collapse and recession after.

Who are the "rich?"

You mean the Obamas? The Pelosi's? AOC? Omar?

They are all extremely rich due to their positions in government. Government "service" is the fastest way to gain vast wealth.

Or do you mean the Oligarchs who own your party? Tim Cook, Warren Buffett, Bill Gates, Mark Zuckerberg, George Soros, et al?

The Apparatchik class of looters would absolutely sabotage the economy to further the short term goals of the Communist party. The Oligarchs who own you absolutely are less likely to allow the long term damage your scheme would inflict.

And this isn't Jerome Powell - Warsh isn't on the leash your party holds.
 
Inflation isn't rising, Comrade fake lawyer. It was once again below projections. The only price that has risen is oil.

You Communists thought your gerrymandering scheme would hand you the midterms. Now they have failed so you're hoping to sabotage the economy.

You are desperate because you see what we all see, the midterms slipping away from you.

There is no justification to raise rates and it's not going to happen. Maybe your party can release another biological weapon on the American people?
Oil rises price of almost everything, dumbshit.
 
Oil rises price of almost everything, dumbshit.

Yet they haven't - fake lawyer.

The core inflation rate for April is 2.8% - much to the chagrin of you Marxists.


That puts us at a projected CPI of 3.8 for the year if nothing changes. Typically the fed will raise rates when CPI inflation hits 6% or higher.

You WANT the fed to destroy the economy to bail you Communists out in the midterms - but it isn't going to happen. I doubt even DNC lapdog Powell would have instigated a rate hike in this economy. A legitimate fed chair sure the fuck won't.

And the Hantavirus panic didn't happen. What will you do?
 
Isn’t yet anyways, but we shall see, as I noted, I couldn’t get beyond Warsh refusing after several attempts to confirm that he believed Biden was elected President, says a lot
I got back to there is no Republican and Democratic monetary playbook.

The Fed isn't fully apolitical and there is a long history of President's trying to influence Fed policy. That said monetary policy isn't a team sport like much of the rest of politics.
 
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