Senator Elizabeth Warren
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Podcast Appearances
currency as the reserve currency around the world and the leader around the world.
He's just burning all that down.
And
That means everybody in our country will pay a price if Donald Trump successfully seizes control over the Fed.
It's a great question.
So let me start with the distinction here, because I have.
I've gone after Jerome Powell.
I mean, I just want to make clear, I'm out there defending the independence of the Fed when Donald Trump said he was going to
fired Jerome Powell.
I stood up and said, you cannot fire Jerome Powell.
Can we just make clear here?
I voted against him.
I spoke against him.
I can give you multiple reasons why I do not like him as the chairman of the Fed, but he retains his independence.
So here's the deal.
Independence doesn't mean they just get to hoop off and do anything they want.
It means they are supposed to be focused on the economy and what the economic numbers tell them is best.
Well, dual mandate.
That's right.
Employment and inflation.