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Former Fed chairs and Treasury secretaries: Statement on the Federal Reserve
- throw0101d 9mo agoSigned by: * Every former living Fed Chair (Bernanke, Greenspan, Yellen) * Bipartisan former Treasury Secretaries (Geithner, Paulson, others) * Bipartisan former CEA Chairs (Hubbard, Mankiw, Romer, Furman)
- davidcollantes 9mo agoHow do we know this is real? I don't know much about Substack, but couldn't just about anyone create this, and "sign" it?
- dc396 9mo agoHave _any_ of the signers contended that it isn't real and/or they didn't sign it?
- lapcat 9mo agoThe Substack was launched 3 hours ago. If they weren't involved, they might not even be aware of it.
- davidcollantes 9mo agoExactly. If there were not involved, they might never be aware of it.
- SilverElfin 9mo agoThe statement is being reported by various news outlets - I don’t see a link to this substack from those articles but the quotes match up to what is at this link. I assume the Susbtack is from someone else who got a copy of the statement. Example article: https://www.theguardian.com/business/2026/jan/12/trump-condemn-federal-reserve-powell-investigation https://www.theguardian.com/business/2026/jan/12/trump-conde...
- davidcollantes 9mo agoThat might be it! First mention of Substack found: https://www.cbsnews.com/news/federal-reserve-jerome-powell-yellen-bernanke-greenspan-trump-justice-department/ https://www.cbsnews.com/news/federal-reserve-jerome-powell-y...
- throw0101d 9mo ago> How do we know this is real? I (the OP) got it from Furman's X/Twitter account; he is a co-signer: * https://x.com/jasonfurman/status/2010737147129774577#m https://x.com/jasonfurman/status/2010737147129774577#m * https://xcancel.com/jasonfurman/status/2010737147129774577#m https://xcancel.com/jasonfurman/status/2010737147129774577#m * https://en.wikipedia.org/wiki/Jason_Furman https://en.wikipedia.org/wiki/Jason_Furman NYT reporter Colby Smith: * https://xcancel.com/colbyLsmith/status/2010731616684187782#m https://xcancel.com/colbyLsmith/status/2010731616684187782#m Various news agencies are now talking about it: * https://www.foxbusiness.com/economy/former-fed-chairs-treasury-secretaries-defend-jerome-powell-amid-trump-dojs-criminal-probe https://www.foxbusiness.com/economy/former-fed-chairs-treasu... * https://www.bbc.com/news/articles/c394xwdve9lo https://www.bbc.com/news/articles/c394xwdve9lo * https://www.cnbc.com/2026/01/12/greenspan-bernanke-yellen-trump-fed.html https://www.cnbc.com/2026/01/12/greenspan-bernanke-yellen-tr... * https://www.reuters.com/world/us/past-three-fed-chairs-decry-unprecedented-assault-by-trump-powell-2026-01-12/ https://www.reuters.com/world/us/past-three-fed-chairs-decry... * https://www.theguardian.com/business/2026/jan/12/trump-condemn-federal-reserve-powell-investigation https://www.theguardian.com/business/2026/jan/12/trump-conde...
- ChrisArchitect 9mo agoRelated: Statement from Jerome Powell https://news.ycombinator.com/item?id=46582420 https://news.ycombinator.com/item?id=46582420
- SilverElfin 9mo agoTrump claims he knows nothing about this investigation. I don’t believe him. For months he has been attacking the Federal Reserve, undermining its credibility as an institution (as he did previously about the press or the UN or whatever), and escalating his administration’s actions so that each new outrage feels less crazy because of all the other outrages. This is no different. It is part of the playbook. Lying is part of the playbook. Denying knowledge of a DOJ that is corrupt is part of the playbook. That playbook is the unitary executive model, which is a lot like a dictatorship model. The executive can do whatever it wants. I feel we need a rethink of our checks and balances to address this gap.
- TesterVetter 9mo ago[dead]
- treetalker 9mo ago> … in the United States whose greatest strength is the rule of law … I faintly remember the rule of law.