A Bloomberg piece that posits undermining the President, written by the former head of the NY Federal Reserve:
HERE
Excerpt:
"There’s even an argument that the election itself falls within the Fed’s purview. After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives."
Another perspective:
HERE
Excerpt:
"He's effectively calling for a coup, stating in almost so many words
that the Fed's mandate requires it to interfere in the Democratic
process — to help presidents it likes and to ruin the economy for the
ones it doesn't like."
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Just today I started reading Jason Chaffetz's book "Deep State" - he
wrote that the Consumer Finance Protection Bureau (CFPB) was Elizabeth
Warren's (aka Fauxcahontas) pet project and the CFPB was actually funded
not by Congressional appropriation, but directly by the Federal Reserve.
As such, Congress did not have the power of the purse strings to compel
the CFPB to disclose details of their operations and the CFPB could
obfuscate their doings with impunity, and they did.
Consider this: if the Federal Reserve wanted to put the screws to a
seated U.S. President, all they have to do is jack up interest rates and
destroy the economy. Imagine if interest rates hit the same level as
they did in the late 70's and early 80's. Imagine too, how much leverage
this provides to the Federal Reserve - one thing that Donald Trump
understands is leverage.
Rep. Massie of Kentucky introduced (re-introduced actually) a bill to
audit the Federal Reserve - so far he has 87 co-sponsors, including 4
Democrats - Tulsi Gabbard (D-HI), Kurt Schrader (D-OR), and Pete DeFazio
(D-OR)
HERE
--Terry