Time to Stop Lionizing Powell
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In the ongoing struggle over the independence of the Fed, Trump finally blinked first. His toady prosecutor, U.S. Attorney for the District of Columbia Jeanine Pirro, abruptly announced this morning that she was suspending her investigation of Powell.
This came after a confirmation hearing for President Trump’s nominee to succeed Powell as chair, Kevin Warsh, at which Warsh did himself no favors. Warsh, appointed by Trump to lower interest rates, insisted that he would be completely independe
This came after a confirmation hearing for President Trump’s nominee to succeed Powell as chair, Kevin Warsh, at which Warsh did himself no favors. Warsh, appointed by Trump to lower interest rates, insisted that he would be completely independe
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