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I have not heard a single left wing pundit demand interest rates go down

• rockemsockem 1y ago
  Elizabeth Warren has gone on several talk shows insisting interest rates should be lowered. If you look at video from the last time Powell was being questioned by Congress there were many other Democratic congress-people asking him why he wouldn't lower rates. Personally I trust Jerome Powell more than any other part of the government at the moment. The man is made of steel.
  • mason_mpls 1y ago
    Jerome Powell belongs on Mt Rushmore if you ask me
  • no_wizard 1y ago
    He's entirely too cozy with big banks. He's one of their biggest advocates when it comes to policy. I think Elizabeth Warren had a point here[0] [0]: https://www.bloomberg.com/news/articles/2024-07-03/senator-warren-accuses-powell-of-letting-big-banks-ceos-get-too-much-sway https://www.bloomberg.com/news/articles/2024-07-03/senator-w...
    • rockemsockem 1y ago
      Coziness with banks can certainly be an issue, I don't know specifics and that article is pay walled for me, but it sounds very believable to me. That doesn't really change what I said regarding interest rates though.
• deleted 1y ago
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