NOW: It’s just been exposed that Fed Chair Jerome Powell is HOLDING HOSTAGE Fed norms, possibly threatening to STAY ON as a Federal Reserve Governor if he “doesn’t like” the upcoming Inspector General report on his renovations scandal WTF?! This guy has tainted the Fed! HASSETT: “I think Warsh will talk to Jay…the Inspector General is investigating the building situation…I would guess the offramp for Jay is if the IG report comes out and he’s happy with the results. I’d expect he would leave.” Resign NOW.
🚨 NOW: It’s just been exposed that Fed Chair Jerome Powell is HOLDING HOSTAGE Fed norms, possibly threatening to STAY ON as a Federal Reserve Governor if he “doesn’t like” the upcoming Inspector General report on his renovations scandal
WTF?! This guy has tainted the Fed!… pic.twitter.com/JIM9r0FgYT
— Eric Daugherty (@EricLDaugh) May 11, 2026
- So this is what will happen. The new Fed. Chair will takeover on May 15th or when the Senate confirms him. Generally the outgoing Fed. Chair simply departs and the extra seat he vacates is filled through the normal process (i.e. presidential nomination and Senate Confirmation). However, in this case, Powell is threatening to stay on until his full term (14 years) ends in 2028. Effectively holding on to that 7th seat. It’s up to Powell he can stay on (so he has the protections of the office) or step down and allow for the replacement of his seat. – Rick F
- Anyone allowing an 80% cost overrun on a building renovation, that already was exorbitantly priced, should not be anywhere near monetary policy. But I’m guessing Jerome Powell
would never do the honorable thing and exit. X
- The portrayal of Powell being this quiet and level- headed, non partisan leader is finally beginning to crumble. It’s a shame, really. In the beginning, I thought he was doing a pretty good job. The longer his term went on, we saw a transformation…and not for the better.
- Guess who is *actually* politicizing the Fed? Yep, it’s ‘Often Late Powell’. He’s been so wrong, so many times, he HAS to stay on to block a new Chairman from changing things. Remember this: If you hate war, end the Fed. No banker in their right mind would willingly lend the kind of money the US (and other) governments have borrowed. They learned their lessons in the Medieval period (which is why governments formed their own banks).
- So this 4th branch of government, the unelected Fed can now be a safe harbor for criminals? All they have to do is threaten to stay which confers immunity from investigation/prosecution? Like the judiciary, “independence” is the way to go rogue, avoid accountability. – George Danton
Now BOTH New York and Virginia Democrat redistricting was BLOCKED. Now the scary Democrat and Deep State plan – read under the fast clip with Newt Gingrich…. We are entering the final stages folks before dictatorship is established. IF – Trump does not stop voter fraud.
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