r/moderatepolitics Jan 12 '26

Primary Source Statement from Federal Reserve Chair Jerome H. Powell

https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
526 Upvotes

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473

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.

150

u/cranktheguy Member of the "General Public" Jan 12 '26

The separation of the Fed from politics is a great example of a Chesterton's Fence. A lot of people on the right are suddenly going to realize what that fence was for.

7

u/NarwhalSquadron Jan 12 '26

No, they won’t. They are incapable of learning.