The trouble with Jerome Powell
Lost in the hysterical media bleating about a new criminal investigation into Jerome Powell is any attempt to report fairly on his alleged transgressions. The singular lens through which the investigation is being reported in many openly and not-so-openly left leaning outlets is that it is Donald Trump’s revenge after Powell refused to do as instructed and lower interest rates But the aperture needs to be widened to see the full picture: the case is about more than the Chair of the Federal Reserve not bending the knee. It is about Powell’s competency as the nation’s chief money man after presiding over the central bank’s vast and scandalous renovation project
