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Rhiannon12866

(239,158 posts)
Tue Jul 22, 2025, 04:39 AM 9 hrs ago

Bessent calls for review of 'the entire' Federal Reserve - The 11th Hour - MSNBC



The Trump administration pressure campaign on the Federal Reserve is heating up, with Treasury Secretary Bessent calling for a review of the entire central bank. Ernie Tedeschi and Justin Wolfers discuss on The 11th Hour. - Aired on 07/21/2025.
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Bessent calls for review of 'the entire' Federal Reserve - The 11th Hour - MSNBC (Original Post) Rhiannon12866 9 hrs ago OP
Infuriating Mike 03 6 hrs ago #1
He's a complete jerk, like other TFG nominees - no doubt following TFG's orders Rhiannon12866 5 hrs ago #2
Tell your boss it's not going to work, Scott. Ray Bruns 2 hrs ago #3

Mike 03

(18,574 posts)
1. Infuriating
Tue Jul 22, 2025, 07:58 AM
6 hrs ago

Bessent knows better than to f--- around like this. Trump may not know better, but Bessent definitely does.

The markets aren't stupid. If J. Powell resigns because he was harassed into resigning, economists, analysts and investors will interpret that as Powell being fired, and they will respond as if Powell has been fired. T and Bessent really are being "too cute" for their own good.

Rhiannon12866

(239,158 posts)
2. He's a complete jerk, like other TFG nominees - no doubt following TFG's orders
Tue Jul 22, 2025, 08:16 AM
5 hrs ago

If Powell is forced out, the country will be in trouble. And has mentally deficient TFG forgotten that he nominated him in the first place?? However, he was nominated for a second 4 year term by President Biden, is that TFG's problem??

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