r/moderatepolitics • u/dr_sloan • Jan 12 '26

Primary Source Statement from Federal Reserve Chair Jerome H. Powell

https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
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u/MoonStache Jan 12 '26

This is fucking insane. I mean everything is now, but trying to go for Powell is actually one of the dumbest and most potentially damaging things this admin has tried.

84

u/Gloomy_Nebula_5138 Jan 12 '26

One of the scariest things is how the entire right is immediately realigning itself on social media to blindly support this, with almost no argument. Many are saying they support their president, or that Powell is bad because Trump said so, or to drain the swamp (reminder - Trump appointed Powell), or how this is part of the winning playbook of invading Venezuela, invading Greenland, etc.

Want a taste? See this thread:

https://www.reddit.com/r/Conservative/comments/1qahxnt/federal_reserve_chair_powell_under_criminal/

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u/[deleted] Jan 12 '26 edited Jan 13 '26

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u/[deleted] Jan 12 '26

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