The Fed vs White House conflict just went nuclear🤨
DOJ served grand jury subpoenas to Powell threatening criminal indictment over his congressional testimony. The official excuse is building renovations. Powell says it's punishment for not cutting rates on command.
Trump doubled down at the Detroit Economic Club yesterday: called Powell "that jerk" and promised he'd "be gone soon." Powell's term ends in May. The message is clear - either cut rates or face prosecution. Central bank independence is now officially a combat sport.
Well, one of Trump's main goals is to make the media talk about him and HACK WHAT THE HACK SHOULD WE DO?😂😂😂
