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no_hypocrisy

(53,214 posts) Fri Jul 25, 2025, 07:21 AM Jul 25

Interesting to note that lowering interest rates

is one of the few things that TSF hasn’t overreached and decreed by executive order.

2 replies

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Interesting to note that lowering interest rates (Original Post) no_hypocrisy Jul 25 OP

He can't indusurb Jul 25 #1

He can't JustAnotherGen Jul 25 #2

indusurb

(266 posts)

1. He can't

Reply to no_hypocrisy (Original post)

Fri Jul 25, 2025, 07:26 AM

Jul 25

Jerome Powell would simply ignore such a decree, as would the rest of the financial world. Different ballgame next year when Trump gets to appoint his own sychophant to the Fed Chair position. I imagine whomever it is will bow down to Trump and drop interest rates to 1%, and crash the economy in the process.

JustAnotherGen

(37,119 posts)

2. He can't

Reply to no_hypocrisy (Original post)

Fri Jul 25, 2025, 07:38 AM

Jul 25

And Jerome Powell is straight up gangster.

https://www.sfchronicle.com/news/politics/article/fed-chair-tells-trump-he-has-his-facts-wrong-on-20785169.php

After some back and forth, Powell put on his glasses, stared at the numbers on the paper from Trump and asked, “This came from us?”

“Yes,” Trump said.

“Are you including the Martin renovation?” Powell said. “You just added in a third building is what that is. That’s a third building.”

“It’s a building that’s being built,” Trump said.

“No, it was built five years ago,” Powell said.

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