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Fiendish Thingy

(22,123 posts)

1. Powell isn't leaving the Fed

Reply to applegrove (Original post)

Sun Jan 11, 2026, 10:35 PM

Sunday

His term as chair ends in May, but he will still remain a member of the board, which is probably why Trump and Bondi are ramping up the attacks on him, to try and force him out so Trump gets to appoint two seats, which IIRC, would create a majority of Trump appointees at the Fed.

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BigmanPigman

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Highlight:

As Powell leaves the fed and Trump replaces him with a toady, [View all] applegrove Sunday OP

Powell isn't leaving the Fed Fiendish Thingy Sunday #1

Woohoo!!! BigmanPigman Sunday #2

A majority on the Fed doesn't necessarily have to vote with the new Chair. no_hypocrisy Yesterday #3

Absolutely. Bonus, he's going to fuck us more with Greenland. themaguffin Yesterday #4

Forget about inflation. They will devalue the dollar JCMach1 Yesterday #5