IncognitimJun 2

Our republic just more bananas:

While serving as acting director of national #intelligence, #pulte will remain director of the Federal Housing Finance Agency…as well as chairman of Fannie Mae & Freddie Mac.

The #dni is a Cabinet role with Senate confirmation, but naming him as acting bypasses that for now.

In 2025, 3 dem sens backed him for fhfa: Alsobrooks, Gallego & Slotkin.

In that role he's targeted Democrats Letitia James & Adam Schiff, as well as #JeromePowell.
https://www.nbcnews.com/politics/national-security/trump-william-pulte-acting-director-national-intelligence-tulsi-gabbar-rcna348036

Housing official who targeted Trump’s enemies is named director of intelligence

President Donald Trump on Tuesday named an ally with no background in intelligence to oversee the nation’s spy agencies, taking the helm as the U.S. remains at war with Iran after a fresh round of peace talks stalled.

NBC News
KillBait NewsJun 2

Powell Highlights Importance of Federal Reserve Independence Amid Political Pressure

📰 Original title: Jerome Powell warns that the Fed's credibility is at risk

🤖 IA: It's not clickbait ✅
👥 Users: It's not clickbait ✅

View full AI summary https://en.killbait.com/powell-highlights-importance-of-federal-reserve-independence-amid-political-pressure.html?utm_source=mastodon_world&utm_medium=social&utm_campaign=killbait.mastodon_world

#economy #federalreserve #jeromepowell #centralbank

Powell Highlights Importance of Federal Reserve Independence Amid Political Pressure

In his first public remarks after finishing his term as Federal Reserve chair, Jerome Powell delivered a clear warning about the challenges facing the central bank. Speaking at the John F. Kennedy 'Profile in Courage' award ceremony, Powell emphasized that the Fed is undergoing a 'stress test' and that its credibility is crucial for maintaining a strong and stable economy. Although he did not directly mention the Trump administration, his comments were widely interpreted as a response to political pressures, including an attempted firing of Fed governor Lisa Cook and a criminal investigation into the Fed's building renovation. Powell stressed that protecting the Fed's independence from political influence ensures that decisions are made based on sound economic analysis, benefiting all Americans. He also praised the Fed's career staff as dedicated public servants and underscored the importance of safeguarding the institution's credibility for future generations. The new Fed chair, Kevin Warsh, has expressed a desire for structural reforms, but Powell's remarks focused on the need to respect the rule of law and maintain public trust in the institution.

KillBait
KillBaitJun 2

Powell Highlights Importance of Federal Reserve Independence Amid Political Pressure

📰 Original title: Jerome Powell warns that the Fed's credibility is at risk

🤖 IA: It's not clickbait ✅
👥 Users: It's not clickbait ✅

View full AI summary https://en.killbait.com/powell-highlights-importance-of-federal-reserve-independence-amid-political-pressure.html?utm_source=mastodon_social&utm_medium=social&utm_campaign=killbait.mastodon_social

#economy #federalreserve #jeromepowell #centralbank

Powell Highlights Importance of Federal Reserve Independence Amid Political Pressure

In his first public remarks after finishing his term as Federal Reserve chair, Jerome Powell delivered a clear warning about the challenges facing the central bank. Speaking at the John F. Kennedy 'Profile in Courage' award ceremony, Powell emphasized that the Fed is undergoing a 'stress test' and that its credibility is crucial for maintaining a strong and stable economy. Although he did not directly mention the Trump administration, his comments were widely interpreted as a response to political pressures, including an attempted firing of Fed governor Lisa Cook and a criminal investigation into the Fed's building renovation. Powell stressed that protecting the Fed's independence from political influence ensures that decisions are made based on sound economic analysis, benefiting all Americans. He also praised the Fed's career staff as dedicated public servants and underscored the importance of safeguarding the institution's credibility for future generations. The new Fed chair, Kevin Warsh, has expressed a desire for structural reforms, but Powell's remarks focused on the need to respect the rule of law and maintain public trust in the institution.

KillBait
US news | The GuardianJun 1
Ex-Federal Reserve chair Jerome Powell sounds alarm over political interference https://www.theguardian.com/business/2026/jun/01/federal-reserve-jerome-powell-kennedy-award #JeromePowell #FederalReserve #Business #UsEconomy #TrumpAdministration #UsNews #Economics #UsPolitics
Ex-Federal Reserve chair Jerome Powell sounds alarm over political interference

Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fire

The Guardian
FllicsJun 1

Powell calls for the defense of democratic institutions

Federal Reserve Governor Jerome Powell warned about the impact of a politicized Fed and made a broader call for the defense of democratic institutions in his first public remarks since the end of his eight-year stint as head of the central bank. #News #Reuters #Newsfeed #world #USA #UnitedStates #FederalReserve #JeromePowell #politics Read the story here: 👉 Subscribe: Keep up with the latest news from around the…

https://fllics.com/en/video/powell-calls-for-the-defense-of-democratic-institutions/

Powell calls for the defense of democratic institutions

Federal Reserve Governor Jerome Powell warned about the impact of a politicized Fed and made a broader call for the defense of democratic institutions in his first public remarks since the end of his eight-year stint as head of the central bank. #News #Reuters #Newsfeed #world #USA #UnitedStates #F

Fllics
KillBait NewsJun 1

Jerome Powell emphasizes Federal Reserve independence in speech following Trump tensions

📰 Original title: Jerome Powell takes a subtle dig at Trump during award speech: report

🤖 IA: It's clickbait ⚠️
👥 Users: It's clickbait ⚠️

View full AI summary https://en.killbait.com/jerome-powell-emphasizes-federal-reserve-independence-in-speech-following-trump-tensions.html?utm_source=mastodon_world&utm_medium=social&utm_campaign=killbait.mastodon_world

#politics #federalreserve #jeromepowell #t...

Jerome Powell emphasizes Federal Reserve independence in speech following Trump tensions

Former Federal Reserve Chair Jerome Powell used a public appearance at the John F. Kennedy “Profiles in Courage” award ceremony to underscore the importance of central bank independence, in remarks widely interpreted as a subtle critique of former President Donald Trump. According to reporting from Axios, Powell described the Federal Reserve as undergoing a “stress test,” stressing that its credibility and institutional integrity are essential to maintaining public trust in U.S. monetary policy. Powell, who stepped down as Federal Reserve Chair on May 15, made his first major public comments since leaving office during the ceremony held at the John F. Kennedy Presidential Library and Museum in Boston. In his remarks, he highlighted the long-standing principle that Congress intentionally insulated monetary policy decisions from political influence. He argued that these safeguards have historically benefited the public and have generally been respected by administrations from both major political parties. He warned that if any administration were to remove Federal Reserve officials due to disagreements over policy decisions, it could set a precedent that future administrations might follow, ultimately undermining confidence in the central bank. Powell emphasized that such a development would erode the public’s belief that interest rate and monetary policy decisions are made based solely on economic analysis rather than political considerations. The article also referenced the contentious relationship between Powell and Trump during Trump’s presidency, noting that Trump had repeatedly criticized the Fed’s interest rate decisions and even attempted to pressure Powell into lowering rates. At one point, Trump reportedly sought to remove Powell from his position and publicly challenged him during a visit to the Federal Reserve, leading to a visible disagreement over policy direction. Powell reiterated in his speech that the Federal Reserve’s mandate requires it to act independently, stating that decisions are based on economic conditions and what best serves the broader U.S. public, not the interests of any political party or individual leader.

KillBait
KillBaitJun 1

Jerome Powell emphasizes Federal Reserve independence in speech following Trump tensions

📰 Original title: Jerome Powell takes a subtle dig at Trump during award speech: report

🤖 IA: It's clickbait ⚠️
👥 Users: It's clickbait ⚠️

View full AI summary https://en.killbait.com/jerome-powell-emphasizes-federal-reserve-independence-in-speech-following-trump-tensions.html?utm_source=mastodon_social&utm_medium=social&utm_campaign=killbait.mastodon_social

#politics #federalreserve #jeromepowell ...

Jerome Powell emphasizes Federal Reserve independence in speech following Trump tensions

Former Federal Reserve Chair Jerome Powell used a public appearance at the John F. Kennedy “Profiles in Courage” award ceremony to underscore the importance of central bank independence, in remarks widely interpreted as a subtle critique of former President Donald Trump. According to reporting from Axios, Powell described the Federal Reserve as undergoing a “stress test,” stressing that its credibility and institutional integrity are essential to maintaining public trust in U.S. monetary policy. Powell, who stepped down as Federal Reserve Chair on May 15, made his first major public comments since leaving office during the ceremony held at the John F. Kennedy Presidential Library and Museum in Boston. In his remarks, he highlighted the long-standing principle that Congress intentionally insulated monetary policy decisions from political influence. He argued that these safeguards have historically benefited the public and have generally been respected by administrations from both major political parties. He warned that if any administration were to remove Federal Reserve officials due to disagreements over policy decisions, it could set a precedent that future administrations might follow, ultimately undermining confidence in the central bank. Powell emphasized that such a development would erode the public’s belief that interest rate and monetary policy decisions are made based solely on economic analysis rather than political considerations. The article also referenced the contentious relationship between Powell and Trump during Trump’s presidency, noting that Trump had repeatedly criticized the Fed’s interest rate decisions and even attempted to pressure Powell into lowering rates. At one point, Trump reportedly sought to remove Powell from his position and publicly challenged him during a visit to the Federal Reserve, leading to a visible disagreement over policy direction. Powell reiterated in his speech that the Federal Reserve’s mandate requires it to act independently, stating that decisions are based on economic conditions and what best serves the broader U.S. public, not the interests of any political party or individual leader.

KillBait
Show threadnieebelMay 30

#Wullweber wants stronger #EZB and have it more politically aligned.
This gives politics (and collective society) a bigger lever to tackle things like #climatechange or #housing or #social issues more effective.

BUT

3 years later, we see how important an independent central bank is to keep #inflation low (via high rates): https://www.youtube.com/watch?v=5nvsDmwZWdM

People like Trump or Erdogan want low rates just before elections, so that #economy is heated up and everybody happy to further concentrate power. He does not care that this is a guaranteed path to a future crash and exploding inflation which affects ordinary people more than than those who don't need to work to pay their bills.

#fed #corruption #Inequality #taxTheRich #JeromePowell #bonds #treasuryBonds #Stocks #ETFsAreNotSustainable

This Is Probably Fine!

YouTube
Italian News by RSSMay 29

RaiNews: Supercinema. I film in uscita nel weekend in Italia: 29 maggio 2026

Tra i titoli: "Tuner", "No Good Men", "Hiedra", "L'amore che rimane" e "Il regno di Kensuke". Renate Reinsve racconta "Backrooms". Al botteghino vince "The Mandalorian and Grogu"

#GliEmirati #Usauna #GiacomoGabellini #BancaCentraledegli #UnitiKhaled #MohamedBalama #control’Iran #Poor’s #AbuDhabi #Estero #StatiUniti #UnioneEuropea #GranBretagna #Svizzera #Canada #MessicoeGiappone #alTesoroBessent #daBessent #BancaCentrale #FederalReserve #Secondo #KevinWarsh #JeromePowell #l’aperturadilinee #Vincolata #Washington #LarticoloGli #Emirati

https://www.ilfattoquotidiano.it/2026/05/29/swap-valutario-emirati-dollaro-yuan-notizie/8401463/

Blog | Gli Emirati chiedono e ottengono dagli Usa una linea di swap valutario: una decisione puramente geostrategica

Abu Dhabi ha usato lo yuan come leva per strappare agli Usa una linea di swap valutario. La mossa geopolitica spiegata

Il Fatto Quotidiano
NonilexMay 28

Climbing #Inflation

#Prices in the #US are rising at the fastest pace in years.

Officials at the #CentralBank [#FederalReserve] have embraced the possibility of higher #InterestRates [& #JeromePowell is NOT chairing the board anymore] to get resurgent inflation under control.

#economy #affordability #CostOfLiving #recession #trumpcession #Trump #policy
https://www.nytimes.com/2026/05/28/business/inflation-pce-gauge.html?smid=nytcore-ios-share

Iran War Lifts a Second Inflation Reading to Highest Level Since 2023

Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.

The New York Times