Hugh Leask reports: Is political pressure on the Fed threatening democracy? Jerome Powell warns that political "stress tests" on the central bank could quickly erode public trust, a cornerstone of our democratic institutions. Click to understand the full implications. https://www.cnbc.com/2026/06/01/federal-reserve-trump-political-pressure-powell-stress-test.html #FedIndependence #FederalReserve
The most partisan Fed chair vote in US history. Kevin Warsh confirmed 13–11 while Powell's seat was still warm. Trump promised he'd only appoint someone who believes in lower rates "by a lot." Either Warsh lied to the Senate — or Trump lied to his base. A century of independence, gone in one afternoon.
#FederalReserve #KevinWarsh #FedIndependence #EconomicJustice #USPolitics #Democracy #CentralBank #Resistance #NewsAnalysis #ThistleAndMoss
The Marriner Eccles Building — limestone, 1937, built to hold against compliant men — had its last morning under Jerome Powell on May 14th.
Kevin Warsh confirmed to the Federal Reserve in the most partisan central bank vote in Senate history. Thirteen Republicans yes. Eleven Democrats no. John Fetterman alone crossed the aisle.
Trump said in December he'd only appoint someone who "believes in lower interest rates, by a lot." Either Warsh lied to the Senate Banking Committee on April 21st — or Trump lied to his base. Markets now price a one-in-three chance of a rate hike by December.
The independence built over a century was handed away in an afternoon.
Read the full Gathering
#FederalReserve #KevinWarsh #FedIndependence #EconomicJustice #USPolitics #Democracy #CentralBank #Resistance #NewsAnalysis #ThistleAndMoss #JeromePowell #InterestRates
"Powell Says He Will Stay On as Fed Governor After Term as Chair Ends. Jerome Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank":
https://www.nytimes.com/2026/04/29/business/economy/powell-fed-stay-governor.html
#politics #WiseDecision #FedIndependence
Powell Says He Will Stay On as Fed Governor After Term as Chair Ends

Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.

The New York Times

He lives in a world of pure fiction.

#Trump #TrumpDementia #JeromePowell #FEDindependence #USPolitics

The Fed's independence is vital for a stable economy and your financial well-being. Political pressures, as seen with Trump's comments, could introduce market uncertainty. Stay informed on how this impacts your savings & retirement! #FedIndependence #WorkToWealth
“Trump tried to fire Fed Governor Lisa Cook over trumped-up allegations—and it’s blowing up in his face. Americans overwhelmingly reject his corrupt power grab. Political interference in the Fed? Not on our watch. #TrumpCorruption #FedIndependence #LisaCooknewrepublic.com/article/2001...

Trump’s Corrupt Firing of Lisa...
Trump’s Corrupt Firing of Lisa Cook Backfires as Brutal New Poll Hits

As new reporting blows holes in Trump’s effort to fire the Federal Reserve’s Lisa Cook, a legal writer explains why Trump’s use of this tactic is so alarming—and what might happen when this goes to the Supreme Court.

The New Republic
🎩 Ah, the stock market: selling its soul faster than a midlife-crisis dad in a convertible dealership. 🏎️ Meanwhile, the Fed's "independence" is apparently on sale for the price of a tweet from Trump. 🤡 #ZIRP broke the world, but at least we're entertained by the #circus. 🎪
https://www.splinter.com/the-stock-market-is-selling-its-soul-and-the-feds-independence-to-trump-because-zirp-broke-the-world #stockmarket #Fedindependence #markettrends #entertainment #HackerNews #ngated
The Stock Market Is Selling Its Soul and the Fed’s Independence to Trump Because ZIRP Broke The World

Splinter is your home for news and opinions that challenge power in our political and economic system that's becoming more unhinged each and every day.

Splinter
The Stock Market Is Selling Its Soul and the Fed’s Independence to Trump Because ZIRP Broke The World

Splinter is your home for news and opinions that challenge power in our political and economic system that's becoming more unhinged each and every day.

Splinter

Trump's war on Fed independence reveals his profound misunderstanding of monetary operations.

#MMT #FedIndependence #MonetarySovereignty