The New Republic | Leavitt Admits Trump Is Trying to Fool Rebel GOP Senator on Fed by Edith Olmsted

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Senator Thom Tillis, a member of the Banking, Housing and Urban Affairs Committee, says he will not support President Trump’s nominee for Federal Reserve chair, Kevin Warsh, until the Justice Department’s probe into current Fed Chair Jerome Powell is fully ended; although the DOJ announced Friday that it had dropped the investigation tied to the Fed’s Washington‑headquarters renovation, White House press secretary Karoline Leavitt countered that the case has merely been transferred to the inspector‑general and remains active, framing the continuation as a presidential priority, while Tillis maintains he will use his single “no” vote to block Warsh’s confirmation despite Democrats already opposing the nominee.

Read more: https://newrepublic.com/post/209506/karoline-leavitt-donald-trump-fool-thom-tillis-fed-chair

#DonaldTrump #ThomTillis #KevinWarsh #JeromePowell #usfederalreserve #KarolineLeavitt #ElizabethWarren

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The New Republic | Fed Chair Nominee Caught in Massive Lie on What Trump Told Him by Finn Hartnett

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Arizona Senator Ruben Gallego aggressively fact‑checked Trump‑picked Federal Reserve chair nominee Kevin Warsh during the Senate confirmation hearing, exposing a direct contradiction between Warsh’s claim that President Donald Trump never demanded interest‑rate cuts and Trump’s own Wall Street Journal interview in which he said he had pressed Warsh to commit to supporting cuts. Warsh attempted to dismiss the journalists’ report as unreliable and refused to concede that Trump had asked him about rate policy, while also defending his independence despite Trump’s pressure to replace Jerome Powell quickly. The exchange highlighted concerns that Warsh might prioritize the president’s political agenda over economic stewardship, underscored by his billionaire wealth, past Wall Street and Bush‑administration roles, and the broader tension between Trump’s desire for a compliant Fed chair and the tradition of central‑bank independence.

Read more: https://newrepublic.com/post/209319/federal-reserve-chair-nominee-donald-trump-interest-rates

#KevinWarsh #DonaldTrump #RubenGallego #WallStreet #ElizabethWarren #JohnKennedy #JeffreyEpstein #JeromePowell #FederalReserve #breakingnews #federalreserveboard #inflation #interestrates #politics #republicanparty #usfederalreserve

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The New Republic | Trump’s Fed Pick Says There’s Only One Thing They Disagree About by Ellie Quinlan Houghtaling

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Kevin Warsh, President Donald Trump’s nominee to head the Federal Reserve, told a Senate Banking Committee hearing that the only thing he disagrees with Trump on is a quip the president made about Warsh looking “out of central casting,” a remark Warsh mocked as “adorable” while insisting his independence would remain despite Trump’s pressure to cut interest rates; senators pressed him on his monetary‑policy record, his refusal to acknowledge Trump’s 2020 election loss, and his undisclosed investments tied to Jeffrey Epstein, to which Warsh replied he would divest any such assets if confirmed but offered no details, sparking concerns about his willingness to be an independent Fed chair.

Read more: https://newrepublic.com/post/209314/donald-trump-federal-reserve-chair-disagree-central-casting

#KevinWarsh #DonaldTrump #ElizabethWarren #GeorgeBush #JeffreyEpstein #FederalReserve #THSDFSLLC #JuggernautFund #GovernmentEthics #breakingnews #centralcasting #federalreserveboard #interestrates #politics #republicanparty #usfederalreserve #GeorgeW.Bush #ChrisVanHollen

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This has got to have a bunch of the elites in banking, politics, and the rest of the corrupt moneyed establishment shaking in their boots, as they say.

https://europeanbusinessmagazine.com/business/iran-has-just-fired-the-most-dangerous-shot-of-this-war-and-it-wasnt-a-missile/

In short: the USA has enjoyed a privileged position since the end of WWII, because the #US #dollar has been the de-facto standard international #currency. Not just for trade, but as a reserve as well. Other countries buy US-issued government #bonds by the absolute truckload, and it lets the US spend far above its income without triggering the #hyperinflation you see when another country does that by printing money (see: Zimbabwe).

The foundation of that international currency choice is the oil trade. Pretty much every oil transaction between parties in different countries uses US dollars, hence the "petrodollar' name.

#Chinese yuan becoming an alternate global reserve and trading currency has been a worry for the US for some years now. Oil transactions happening in #yuan could make it happen in a big way.

And then the dominoes might start falling. I'd say "popcorn time", but the collateral damage to the US #economy collapsing will have huge consequences for us all.

#GovernmentBonds #USBonds #ReserveCurrency #USFederalReserve #USPol #Iran

: #delusionaldon #democrats #donaldthehoaxtrump #eightysix47 #federalreserve #nokings #pambondi #trumpstein #trumpsteincoverup #usfederalreserve #uspol #uspolitics :

USE OF THE UNITED STATES "JUSTICE" DEPARTMENT AS A WEAPON AGAINST THOSE WHO DISAGREE WITH THE PRESIDENT

GRAND JURY SUBPOENAS ISSUED AGAINST THE FEDERAL RESERVE
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Pam Bondi must be impeached and removed from office and she ought to be disbarred.