Claire Jones
speaker
248 appearances
11 recordings
2 series
first heard Jan 2026
last heard 17 Sep
Claire Jones’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 11 in all, peaking in Aug 2026 with 2.
Appearances
They were not going to get Powell out of the job of Fed chair and Trump's pick to replace him, Kevin Walsh, in on time unless this probe went away.
I think it almost certainly does.
Tillis did have the blocking vote on the Senate Banking Committee.
They'll now vote on Wednesday and probably vote in favor of Walsh moving to a vote on the Senate floor.
The sense we're getting is that all of the Republicans who had objections to Walsh
Those objections were really centering on the probe.
And now that the probe looks as though it's gone away, they're likely to support Walsh.
There's 53 Republicans in the Senate at the moment.
So it looks like Walsh will pass the crucial hurdle of 51 quite easily.
So the US Attorney for the District of Columbia, Janine Pirro's remarks on Friday did raise a little bit of concern because she did mention in a post on social media site X that she will not hesitate to restart a criminal investigation should the facts warrant doing so.
The sense we've got from remarks that Tillis made yesterday was that he'd had assurances from the DOJ
that the only way the probe would be reopened was if the Fed's internal inspector general recommended that it do so.
So he seems to have been assured enough by conversations with the DOJ to think that they will not reopen the probe, despite there being some grey area created by Pirro's remarks on Friday.
Well, I think, as you say, Walsh is taking the helm at a time when the Fed is under the sort of political pressure, which I think it's never really experienced.
We've seen the attempt to take legal action against Powell.
We've also seen the US president attempt to fire Fed Governor Lisa Cook over allegations of mortgage fraud, which she also denies.
And Cook remains at the Fed.
However, you could argue that the resistance of Powell and Cook and the sense in which the Fed has had some success in the courts does provide cover for Walsh in that, in a sense, he is going to have a few legal protections that we now know about that maybe we weren't quite aware of at this time last year.
Thanks, Sonia.
Hello, Mark.
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