Jerome Powell and the Federal Reserve are not political.
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Welch for Vermont

Hi Friends,

This week, Federal Reserve Chair Jerome Powell announced that the Trump Administration has opened up an investigation into him and renovations needed for the Federal Reserve’s headquarters in Washington, D.C. It’s plain for anyone to see that this is another attempt by President Trump to intimidate and punish anyone who defies him.

Jerome Powell and the Federal Reserve are not political. The Fed was designed to be independent from political forces so they could make decisions that help our entire economy without influence from the political whims of politicians. The Fed’s long-term decisions have helped our economy recover from high inflation.

President Trump has blatantly attempted to influence them, and has attacked Jerome Powell many times, even though he appointed Powell in the first place. Trump has shown time and time again that he doesn’t believe in the checks and balances that our founding fathers designed to avoid centralized power. This is just another example of him trying to take full control.

I will continue to fight back against any attempt from President Trump to skirt the Constitution or our laws. America has no king and it never will.

Thanks,

Peter

 

 

 
 
 
 
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