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There is a remedy for this but your former party refuses to deploy it in congress. They are complicit. So when our economy crashes so real estate guys can buy up more real estate at cheaper rates you can blame all of them. Trump is not just doing shit he is being ALLOWED to do shit.

and stay on the board, if Trump can't remove Lisa Cook and Powell stays on the board Trump won't be able to over ride the Board. That's he's been trying so hard to remove her

Looting like nazis did in their hostel take over

If Trump succeeds in exerting control over the Fed, you’ll see economic chaos at least an order of magnitude worse than what he has wrought so far.

That's absolutely right !

We will pay economically for this for years. Meanwhile the Schlump family gets richer and richer.

#TACO Ukraine should not attack military targets in ruzZia. Poor #Putler. He's only trying to genocide Ukraine, much like #NethanYahoo has genocided Gaza.

New Video ‼️ Bruce Springsteen - Streets Of Minneapolis (Official Lyric Video)

Trump could have his Trump LegalZoom (formerly DOJ) open up a criminal investigation against Jerome Powell and MAGA would cheer, but we would take to the streets and stop it...WAIT WHAT?

bsky.app/profile/salt...

Protecting only the Fed seems like a trap. Isn't this progression toward dual states? Why should money and finance be exempt from illiberal authoritarianism, while all the other institutions and accountability are ceded to the whim of a would-be dictator? Do we deserve an independent Fed? Why?

America will go bankrupt under Trump. Trump wants to rob American of 10 billion dollars just because he lied that he would release his tax returns, then they were under investigation by the IRS which means he was ripping the IRS off then,someone released them now he is claiming they hurt him. See???

Don’t let the bastards get you down

Too later?!?! Bond market and gold tell a story if you can hear it.

I'm just glad we're taking the threat of economic stability seriously, because my 401k was already on shaky ground.

Right #adamkinziger taking over America requires devaluation of our currency and replacing it with crap crypto oligarch money laundering which is what republicans are doing now

Look for a treasonous man on a dollar near you.

If Scott Bessent, Noem, Bondi Patel, Hesgeth stay unified behind Trump, what real power does Congress have? A standoff between sgt of arms and dhs?

Run it's (economy) gonna Blow thanks to The Grifter in Chief and the Republicans.

Maybe Powell should offer to lower interest rates if they release the Epstein files.

naw, the stock market will do great, they're doing all this to make the rich richer and fuck everybody else

Crypto is dropping rapidly, meaning Trump’s crypto is a worthless

bsky.app/profile/coli...

The rapid rise of the price of gold and silver as investments of last resort can be causally tied, in part, to significant market nervousness about the appointment of a supine Fed Chair sympathetic to the 19th century monetary policy of the current administration.

Talk about the dog catching the car. The Fed only controls short term rates. Buyers of intermediate and long term notes and bonds are not going to let themselves get fucked up the ass by Trump inflation.

I have immense respect for Jerome Powell.

See you on the other side of the crash.

Ok but I’d rather erase each and every reference of DJT from government and provide free conversion therapy to escape the cult. Violent maga terrorists go to Gitmo.

We say Watergate-this and Watergate-that when we should be calling it Nixon.

The Crimes and Corruption of Donald J Trump Act

Who are the other fed board members. If they haven’t taken the look aid, we may be ok.

The house is on fire. This is the timbers beginning to wobble free...

Hang in there, Jerome. The hell with this administration!

President Abe Lincoln created the green back in 1861. A currency that the Central Banks did not like. No one was getting any interest from the printing of the green back. Central Banks had Lincoln killed. In early 1900s the federal reserve was created on Jekyll Island for the Central Banks. 🚫💩

Pretty soon Trump will put his own sycophant sock puppet in, and then dictate interest rates, finishing off our economy whenever he needs a sugar high.

Warsh had a one question interview. Is your loyalty to trump or the country? We know his answer, which is how he got the job.

Powell's already factored out of the market. He'll be gone in May, and money knows what that means. That's why the Fed not lowering rates had the opposite effect -- everyone knows that's coming in May.

True !

trump apparently is trying to force our national agencies to lie for his administration and try to fool us into worshipping at the feet of his twisted anti-American decency and personal wealth agenda. He is not America first he is trump firsts and to hell with the rest of us.

We have long since passed the “warning” stage. The warnings were in 2016, with a massive “warning” on January 6, 2021.

💯

The standard normal flaw of fascism. So, if Powell's independence falls, then the US economy is fried. Maybe that's what is needed before people understand what they voted for?

A brave man

So true

Congress and the courts will do nothing to stop rump's takeover of the Fed.

MUST absolutely 💯

No need to panic. Powell's term really ends in 2028. It is his chairmanship that ends in May 26. People should read the link below. The chairman is like the King of England, no real power and only has 1 vote. If Powell stays on, no real policy change will happen. www.yahoo.com/news/article...

He will be out in a few months and likely he is counting the minutes! But yes the USA is in trouble with the bankruptcy king running the show

It won’t stay Independant so instead of hoping and praying to nothing that it will - what should we do about it WHEN it happens not IF

Monetary policy is one side of the economic coin; the other is fiscal policy. You know the government side: our Congress funds the budget, which gets spent and adds to our economy. It is a balanced equation that appears someone forgot to tell the GOP about.

The government is broken. We need a new one

To all of the tech oligarchs and companies that got this man elected, continue to support him, bend the knee or stay silent - I am cancelling all of my paid subscriptions - it’s the only language you f/heads understand. You are not getting a single cent from me, until you end what you started.

I fear for what is going to happen once his goon is put in charge. I’ve worked all my life for what little i have and i certainly don’t want to lose it because of his greed!

Maybe he can raise interest rates to 17% as a last act of defiance??? Putting the money I’m saving for a house into a CD with 14% interest would just about get us to the finish line. Time to look out for ourselves first once…

It won’t

Superbowl

Trump will order them to reduce interest rates to his advantage. This must never be allowed.

I have a challenge, find me a major politician who called for higher interest rates in the last hundred years?

My (conspiracy) theory is… Trump is under direction to deliberately destroy the US economy, enabling a depression and triggering a massive transfer of wealth upwards.

He is a brave patriot

You built this, bro.

Once Powell is gone, if he puts in a loyalist, the US will make Turkiye look like an economic miracle....

The dollar is tanking.

To really piss off Trump he should stay on at the fed

And the dumping of Treasuries

Econ101

👇

This is what Steve Bannon wants. This is what Putin wants. This is what Trump is trying to deliver for them. Abolish ice. Release the Epstein files. Support Jack Smith. And stay with our fed chairman Jerome Powell.

When are we going to get some adults in the room. I feel like there is now, nobody but our Congress to blame for this.

Trump will have interest rates at 2% or lower by midterms to try to hold on to Congress. That will lead to hyperinflation, likely depression a year later and Trump attempting to cancel 2028 election.

Powell says SCOTUS decision re Trump firing board member Lisa Clark will be the most important in the Fed's history. Will the Fed stay independent or not? The Fed is the DOJ, Greenland, Venezuela, Minneapolis. Trump wants total control of EVERYTHING. Powell=Hero. And Everything Trump Touches Dies

Impeach and Remove! Shut down Maxwell Inc! How many #Republican Public Servants plan to profit off our misery? #JDVance #Artofthedeal civileats.com/2024/09/18/j... ☎️ your legislators pitchbook.com/news/article... Private Equity Firms are destroying #USA

The sad thing is trump has shown us we need a few new amendments to limit government power.

The warning is over Adam, soon a convicted felon who bankrupted a casino will set interest rates, and I don't care who the Senate confirms it will be Trump telling them how low to go.

The Supreme Court granted Trump immunity from "presidential duties." Since when was covering up child sex trafficking crimes, committing murders, and violating the U.S. Constitution "presidential duties?" NOT IMMUNE! MAKE ARRESTS! Make the Supreme Court attempt to stop you. They'd be accomplices.

As it is an independent institution, the President of the USA should never be allowed to nominate anybody to become the leader of the federal reserve. The sooner he is impeached, the better for everyone.

The Federal Reserve too, will be trumped.