Why wouldn’t the graphic show the rate of inflation for 2021? Well, take one look at what the graph would look like, and you realize immediately why he would not want to put it in front of people…
“Santa Rally Is Finally Here”: Futures Hit All Time High Day After Powell Goes Full Jean-Claude Trichet…
One day before what everyone knew would be a hawkish pivot by the Fed, the mood was dour with tech names tumbling and futures hanging one for dear life…
Can’t Imagine Why: Biden’s Commie Pick for Comptroller of the Currency Gets the Boot…
Saule Omarova, President Joe Biden’s nominee for the office of the Comptroller of the Currency, withdrew her nomination Tuesday after Democrats and Republicans opposed her controversial views to eliminate community banks and fossil fuel companies…
At 3:12 P.M. Yesterday, the Stock Market Changed Its Mind on another Four Years of Jerome Powell and Plunged…
Fed Chair Jerome Powell now finds himself in the same position as Morgan Stanley’s Howie Hubler and JPMorgan’s Bruno Iksil: he’s got a big trade on and no exit plan. The problem for the U.S. economy is this: Hubler and Iksil were gambling with billions of dollars. Powell is gambling with trillions of dollars. Powell’s Fed has effectively become the Whale in the U.S. debt market…
Democrats Go Out on a Limb for Biden Nominee, Omarova: The Limb Snapped Yesterday…
Yesterday, at 11:41 a.m., as Cornell Law Professor Saule Omarova sat before the Senate Banking Committee for her confirmation hearing to head of the Office of the Comptroller of the Currency (OCC), the regulator of national banks, Republican Senator Tom Cotton Tweeted the following:…
Biden Treasury Pick Wants to Bankrupt Coal, Oil, Gas…
President Biden’s controversial, Soviet-born pick to lead a key branch of the Treasury Department admitted in a newly unearthed video that she “wants” traditional fuel industries “to go bankrupt.”…
The Inspector General Investigating the Trading Scandal at the Fed, Reports to Fed Chair Jerome Powell, Whose Own Trading Is Dubious…
Fed Chair Jerome Powell was quick to refer an investigation into the Fed’s trading scandal to the Inspector General of the Federal Reserve. Notably, he did not refer the matter to the U.S. Department of Justice which has criminal prosecution powers…
Banks Warn That ‘Americans from all income levels’ Will Still Be Snooped on by IRS if Biden Raises Annual Threshold from $600 to $10k…
The group of banks and organizations said they were not satisfied with simply raising the threshold from $600 to $10,000…The organizations urged the White House to withdraw support for the measure and find ‘more targeted measures’ to reduce the tax gap…
A Forensic Look at Jerome Powell’s “Pants on Fire” Explanation for His $1 Million to $5 Million Stock Sale…
On Monday, October 18, the fearless Robert Kuttner at the American Prospect, broke the news that Fed Chairman Jerome Powell had sold between $1 million and $5 million of the Vanguard Total Stock Market Index Fund on October 1, 2020, the same day that Powell had been on four phone calls with Treasury Secretary Steve Mnuchin, who was coordinating the White House response to the financial crisis resulting from the pandemic…
Biden’s Pick for Comptroller of the Currency, Born and Raised in Communist USSR, Won’t Hand Over Her Thesis on Marxism Written When She Was in the USSR…
Biden’s pick for Comptroller of the Currency was born and raised in communist USSR. Now she won’t hand over her university thesis on Marxism…
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