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| Economy |
| ‘Erratic And Vindictive': Victor Davis Hanson Says Jerome Powell Reminds Him Of Another Powerful Federal Official |
| 2025-08-07 |
| [Daily Caller] Victor Davis Hanson said on Fox Business Tuesday that Federal Reserve Chairman Jerome Powell is showing the "same symptoms" as former Attorney General Merrick Garland. Amid pressure from Trump, Powell has reportedly told trusted colleagues that he intends to finish his tenure, which concludes in May 2026. During an appearance on "Kudlow," Hanson said that Powell has shown signs of personal sensitivity and agitation while responding to public criticism, especially from President Donald Trump. "I think he’s very sensitive. He’s kind of like Merrick Garland. Merrick Garland was broken by the Republicans when they delayed his Supreme Court nomination into nothing, and he never forgave them. And he was sort of an erratic and vindictive attorney general, and Powell is starting to show the same symptoms as Garland," Hanson told host Larry Kudlow. Garland was then-President Barack Obama’s Supreme Court nominee in 2016. Then-Senate Majority Leader Mitch McConnell announced he would not consider Garland to replace deceased Supreme Court Justice Antonin Scalia. Republicans said the next president should make the nomination, allowing the American people to influence the Supreme Court’s future. |
| Posted by:Besoeker |
| #5 Another reason why the unitary executive theory is popular with the constitutionalist crowd. |
| Posted by: Melancholic 2025-08-07 14:45 |
| #4 Name the replacement now and hold press conferences now on what he intends to do. Since the markets react on future events, it will mute "Too Late" Powell's effect and he may self deport, as it were, if embarrassed enough. Banishment Room |
| Posted by: Warthog 2025-08-07 09:23 |
| #3 Sounds like most of the weak and vain people that have been around since Obumble |
| Posted by: DarthVader 2025-08-07 09:13 |
| #2 The Fed was created to address the numerous 'crashes' of the 19th Century even though we were gold/silver based economy. Based upon the metrics of the first Depression, we've had two under the Fed and numerous recessions. They're fueled a number of those by their own actions. It doesn't work as sold. Given that it can 'create' money literally by the pressing of a button in the digital age, this is a power that can destroy. |
| Posted by: Procopius2k 2025-08-07 07:16 |
| #1 Well beyond "use before date." As soon as Powell retires or leaves the office, changes must be made. |
| Posted by: Besoeker 2025-08-07 06:43 |