[CNBC] Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation

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does the drunk understand that the Fed Funds Itself (No Tax Dollars!) & Pays for Renovations ?

Most government agencies receive their funding through annual appropriations bills passed by Congress, which are ultimately funded by taxpayer dollars. the Fed is a quasi Gov agency that generate its own revenue, and funds its renovation projects.

While the Fed retains enough to fund its operations and capital projects, it doesn't keep all of its earnings. A substantial portion of its profits is remitted to the U.S. Treasury. This is a crucial point that further underscores its lack of reliance on taxpayer dollars for its own funding.

The substantial amount it remits to the Treasury further highlights its unique position as a financially independent entity that ultimately contributes to the nation's fiscal health.

 

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the lunatic lawmaker from Fla is publicizing her willful ignorance !
renovation projects by the Federal Reserve are not funded by taxpayers,


Unlike most federal agencies, the Federal Reserve funds its own operations, primarily by generating income from

• interest on government securities and
• fees charged to banks.

Any excess profits generated by the Fed are returned to the U.S. Treasury. This keeps taxpayer dollars out of the equation.




Thes two dumb asses, the drunk and the lunatic from Fla, assume that the Fed is just like any other Federal agency !

 

The drunk Pirro publicizing her willful ignorance

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the drunk doesn't understand that the Federal Reserve is not funded by taxpayer; it is self-funded, including its renovations.

the drunk is treating Fed's renovation project as if it was funded by the taxpayer, which it's not

 

anna paulina luna's referral

the ignorant lunatic Luna is treating the Fed's renovation as if it is a taxpayer-funded project, which it is not

 

The Fed chair is nominated by the POTUS, approved by the Senate.

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Fed Rerserve's office buildings are not funded by the taxpayers.

The Fed is a quasi Gov agency; the cost of its operations / captial expenditures are not paid for by taxpayers,
these expenditures are not included in the Federal budget.

The Fed Reserve funds its own operation / renovations; it generates revenues from

• charging banks for processing fees
• earns interest / profits from marketable securities that it buys and sells

Here’s how the Federal Reserve funds itself, including renovations,
without taxpayer dollars

 

Trump conveniently forgets that, in 2017, he appointed Powell as
Fed chair before blaming Biden for keeping him on

in 2017

Trump opted to not re-nominate the incumbent Fed Chair, Janet Yellen,
who had been a "dovish" central banker.
Trump instead nominated the more "hawkish" Jerome Powell,
hawkish monetary policies treat inflation as public enemy #1​

Trump is responsible for Powell being the Fed Chair.



to not blame Trump (for Powell being the Fed Chair) is analogous to
Rox fans not blaming Darryl Morey for the Jeremy Lin fiasco

 

Trump may have damaged the case against Jerome Powell before it’s even begun

Trump has long attacked Powell over his monetary policy, but more recently he has focused on Powell’s management of the Fed itself,
even suggesting Powell could be investigated or sued for his role overseeing a building renovation beset by cost overruns.
never mind that the renovation is not funded by taxpayers.

Trump’s loose talk about Comey and James helped sink those prosecutions,

Two Senate Republicans, Thom Tillis and Lisa Murkowski, have already accused the Justice Department of carrying out
a White House errand, meant to coerce the Federal Reserve’s monetary policy, rather than pursue a legitimate criminal
investigation —and a third, Kevin Cramer, said he does not believe Powell is a criminal.

 

in her original post, the drunk lied that

• the her office had contacted Powell's office about the criminal referral
• this drama could have been avoided if only Powell had responded

after this article was published yesterday---calling out the drunken Pirro's convenient lies---she took down her post
https://jacobin.com/2026/01/trump-powell-fed-europe-dollars

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If @Astrodome had an honest bone in his body he would try to defend this...or he's just another ass-hole. When the economy goes to hell we know who to blame...NATO, Greenland, cult behavior just at work though.

 

I stay honest, Andre. I think Donnie should let Powell do his job. Sometimes patience pays off.

 

Whatever you say, but your actions speak louder than your words. You voted for chaos three times and rarely ever complain about your dear leader.

If it was sleepy Joe at the wheel we would never hear the end of it. Actually you couldn’t shut the **** up about it when it came to b****ing under his administration.

I’ll never forgive y’all for this bullshit.

 

You ignore the truth and believe the lies, it's not that complicated.

The dumber you are, the easier it is.

 

None of that precludes you from being an ass-hole, though

 

Challenging the independence of the Federal Reserve is unprecedented and concerning.

Hopefully Congress grows a backbone and stops this.

 

The Rs growing a backbone? I only see that happening after they get kicked out of office and new bunch gets elected.

 

Self preservation may lead to the ones at risk standing up.

 

One thing is certain. Powell could be strangling puppies and kittens and leftists would continue to worship him because he's an elite member of the Washington Swamp.

 

You.

 

Trump nominated him