John,
The Federal Reserve has a corruption problem… and it goes all the way to the top.
Not only is Powell using his position as Chair of the Federal Reserve to engage in corrupt insider trading behavior, but he is also failing to regulate Wall Street and giving massive subsidies to fossil fuel companies during a climate crisis.
The Federal Reserve must act to reign in Wall Street and with enough pressure, we can get President Biden to replace Jerome Powell as the Chair of the Federal Reserve with someone that doesn't have a record of deregulation.
Stand with DFA as we tell President Biden: Don't Nominate Trump-appointed Powell to a 2nd Term Running the Federal Reserve.
Under Jerome Powell's tenure, the Federal Reserve has deregulated big banks and used public money to subsidize fossil fuel companies when they should be investing in innovative ideas that deliver a measure of justice to communities of color and the climate.
Jerome Powell’s term as Chair of the Federal Reserve Board ends in February.
He cannot be given another 5-year term.
We must replace Powell with someone who will take action against the climate crisis and take measures that would prevent another recession.
Tell President Biden: Don't Nominate Trump-appointed Powell to a 2nd Term Running the Federal Reserve.
Thank your for standing with us.
- Tre
Tre Graves
Digital Organizing Coordinator
Democracy for America
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