This is a nativelandpod Outtake. If it feels like ALL hell is breaking loose…it’s because IT IS! Trump’s DOJ now has the Federal Reserve Chairman, Jerome Powell, under criminal investigation. Some of you remember that spicy press conference? Well, just two weeks ago Trump threaten to sue Chair Powell. Friday, the Fed was subpoenaed.
You may be asking what does this have to do with me and why should I care…this is another litmus test for the Administration to test their ability to go after their political enemies. This move is believed to be about the Fed not setting the interest rate where Trump wants it instead of based on market indicators. The Fed cut interest rates THREE TIMES last year.