Randahl FinkJan 12

Trump is now waging war against his own national bank, The Federal Reserve.

The Chair of The Federal Reserve explains that Trump has subpoenaing him in an attempt to force him to set the US interest rates based on Trump’s feelings rather than economic responsibility.

I really hope this man can hold the fort until The Midterms because if not, the US economy has a really dark outlook.

Show threadPG19582🇺🇸🇹🇩🇺🇦🇵🇸
@randahl he was appointed by trump in his first term...
Jan 12 at 6:53amMastodon for Android
Show threadBruce Heerssen Jan 12

@PG19582 @randahl

In his first term, Trump was limited by the people around him, some of whom were still loyal to the Constitution and the rule of law. One suspects he'd have preferred to nominate a more compliant Fed chair at the time.

This time around, of course, he faces no such limitations.