Jay Powell

speaker
227 appearances 13 recordings 4 series first heard Jan 2025 last heard 30 Apr

Jay Powell’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
10 · Jan OctJan 26AprJulnow

Recordings per month over the last 12 months — 12 in all, peaking in Jan 2026 with 10.

Appearances

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So he complied. Freeberg, your thoughts on Zuckerberg? making this decision, if Kamala Harris had won, would he have released this statement or added Dana White to the board of Facebook? Probably not. Okay. There you have it, folks. Pretty straightforward here. Kamala wins. He would not have done this. He is jumping in front of a marching band and he is the band leader now.
He's got his baton and he's a front runner. And if you open the dictionary and you look it up.
Oh, yeah, there's a tremendous amount wrong with it. It's called moral integrity, having an ethical compass, having chutzpah, having an own sense of what's right and wrong in the world, which he does not have, in my estimation, based on his behavior here.
Let me be clear. I'm happy you're challenging me on it. I base people on their actions. His action was to be the greatest censor in the history of humanity. There's no human being who has censored more humans than him. That was his decision when it was a popular decision, whether it was COVID or popular.
I disagree. His business would have been just as vibrant if he had a spine and he just said, this is what I believe. And I think he's over-optimizing based on what he thinks everybody else around him wants. And I don't know. I've never worked with him. I don't know him personally. You're right on that front. But he banned Trump for two years, the president of the United States.
I said at the time, I don't know that you can give a permanent ban to the president of the United States. When he had the opportunity to reevaluate that decision, you know what he did? He punted. He created a third-party organization to make the decision for him and deflected. Zuck created the oversight board.
He's so spineless, he decided, I'll create and give $150 million to this board to make these hard decisions for me. Instead of me making the decision, he has God voting shares of that company, Chamath. He controls it with an iron fist. And not only does he control it with an iron fist, he has put protective precisions in that so that his children could...
take that $3.3 billion platform and own it forever. And he punted to them and said, I don't want to make these decisions. What I saw when he did that was, I don't want to be blamed for these decisions. And that is a lack of courage and morality in my estimation. And then the second he is threatened by Trump, he makes the opposite decision.
And if he's making his decisions strictly on maximizing money, I don't respect that. I think he should make the decisions based on what he think is the moral. What is the point of being a billionaire or worth 100 billion or 200 billion if you don't get to say, I have you money, you, I'm going to do what I want. And that's what I think is his moral failure.
And anybody giving him his flowers or championing him for this, I think it's just political expediency. And I think it's disgraceful. That's my feeling. Sorry. I have my own opinion.
No, not at all. He could have just hired lawyers and fought it. He didn't put up any fight. The second they told him to roll over and ban Trump, he did it. Zero fight from him.
Like I told you at the beginning of this, I'm basing it on his actions. He was not going to jail for banning Trump. If he didn't ban Trump or he gave him a six-month suspension, he would have been just fine.
I do give him the benefit of being a great business executive.
Did they launch that or did Sergey kill the deal when Eric Schmidt proposed it? Well, that deal went live.
No, they didn't go live. Sergey Brin, because of his upbringing in Russia, he went to the mat and said, on a moral basis, we're not going into China. And I've talked to Sergey about it. He did not want to go in there and compromise his own ethics. That's right. You're at full stop. So I don't think that Elon is the only outlier here. You're not right.
And I just want to make sure that- Okay, tell us, when did, because the Dragon, it was called Project Dragon?
And how much he acquiesced. Is that sort of what you're saying?
And I think it was Gmail was the moment I think it became... if I remember correctly, this is 20 years ago, but I think... I think it was YouTube. Oh, was it YouTube? Because one of the other services, they started saying, hey, we need to know these people's names who posted this, who sent this email. We want full access into it.
And that's where they drew the line because it wasn't just a passive search engine, right? It was actually like roundup dissidents like... Yahoo famously did.
I mean, taking the win is a good way to do it. The world is a better place because of his decision. Yeah, exactly. I think we all agree on that. I mean, what's the point of having an open platform and you can say things?
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