Why Is jerome powell Trending Today?

Recent developments regarding Jerome Powell, the Chair of the Federal Reserve, have led to a significant increase in search interest. Reports emerged indicating that federal prosecutors have opened an inquiry into Powell, as stated in a New York Times article. This revelation has raised concerns and curiosity among individuals seeking more information about the nature and implications of the investigation.

In conjunction with the inquiry, Powell himself has addressed the situation in a formal statement published on the Federal Reserve Board’s official website. The combination of his public comments and the ongoing inquiry has drawn attention from various sectors, including the financial and political communities, amplifying interest in his leadership and the potential repercussions for U.S. monetary policy.

Additionally, coverage by major news outlets such as CNBC, which reported on the criminal probe, has further heightened awareness and concern. Given the significance of Powell’s role in shaping economic policy and the potential legal challenges he faces, it is understandable that the public is actively seeking updates on this situation. The intersection of these influential news articles has contributed to a surge of over 10,000 searches related to Jerome Powell.

Watch the Moment

Internet Reacts

VisualMod • 1 points

NoUYesMeme • 1,486 points

Glad he’s not playing along with this bullshit.

Kijafa • 966 points

> The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President. Not pulling any punches either.

bittersterling • 252 points

Translation “this dumb bitch would tank the global economy in a day if given the reigns”

charolastrauno • 18 points

Agreed (and typo: reins)

voxpopper • 102 points

It was still a measured response. If he would have brought up the Epstein files I would have blown a proverbial load.

Kijafa • 32 points

I think it’s as blunt as his sense of professionalism will allow him to be.

what_is_blue • 39 points

“I won’t let him fuck America like he did those kids.”

SaltyShawarma • 7 points

Finally

ConfederacyOfDunces_ • 194 points

The administration, and the executive branch as a whole, are actively trying to corner and dictate the Federal Reserve. To say this is dangerous is a massive understatement. The independence of the Fed is a cornerstone of economic stability, and eroding that separation sets a precedent that risks long term damage for short term political gain. Once the executive branch starts treating monetary policy as a tool for optics instead of stability, the consequences don’t show up immediately, but they are severe, unavoidable, and paid for later by everyone.

MosskeepForest • 133 points

LOL we are long past the “the consequences will be severe, unavoidable, and paid for later by everyone”….. Trump has absolutely destroyed the position of the US on the global stage. He has demolished the UN and even our relationships with CANADA of all places. lol They have COMPLETELY fucked America…..

Pimpwerx • 27 points

This. I’m an expat living in SEA. America looks like pre-war Nazi Germany right now. You think that’s hyperbole. The optics coming out of the US are fucking horrendous.

lifeisalime11 • 9 points

Yes, but doing this to the Federal reserve is guaranteeing a massive recession and extremely hard times for all American… ALL AMERICANS. So far the damage is done but reversible if given decades, this will actually get a ton of people killed if our currency isn’t worth the paper it’s printed on.

notfunat_parties • 11 points

Who’s ready for Turkey 2022?

Ninjapenguinart • 6 points

I mean isn’t that Trump’s goal? Market went up like 150% in a year. Ignore that the Lira became worthless. Throw the dollar in stocks and convert it to Euros when you pull it out. His rich buddies will get extra rich.

VT_Squire • 3 points

Also, when you erode confidence and stability of a currency, people just float on over to the next available currency. Wanna take a guess who’s holding a shitload of crypto these days?

bumbum-icecream • 54 points

Daddy Powell means business

ScipioAfricanusMAJ • 7 points

Bros clean

AncientOwl6633 • 7 points

But I thought all the bulls in this sub want daddy mango’s interest rates? He’s never wrong

mithyyyy • 1,574 points

god fucking damn this is probably the most pointed i’ve heard jpow speak in the fed. dude’s not dicking around. good on him, hope he wins out

GoyEater • 130 points

I mean he’s fucking angry. They make up bullshit to try and get him removed. They fire the BLS head and start fudging economic data so he literally can’t do his fucking job accurately. He’s tired man.

ComprehensiveOwl9023 • 16 points

There is no way he’s going to resign before his term is up so this is just the Trump regime doing their usual thing and antagonising people just for the sake of it. Its an administration full of assholes.

Lv80_inkblot • 131 points

Same. Just, same.

Old-Flight8617 • 29 points

Is this the first time the fed pointed to political pressure, rather than play the game?

Ok-Tennis330 • 1,848 points

https://preview.redd.it/24w0lzimhtcg1.png?width=447&format=png&auto=webp&s=656e8a7ec5ceac226e1b435df853726728d72b71

ajibtunes • 345 points

Dicks out for Jpow

Worth-Athlete-9953 • 157 points

https://preview.redd.it/1pb032djltcg1.jpeg?width=1179&format=pjpg&auto=webp&s=c1cb8b127de54938455a89a08edca552ae7a7b3d

Serukaizen • 9 points

where’d you find this

I_Love_To_Poop420 • 54 points

lol

FinishWarm1746 • 19 points

Kids are gonna ask who? Lol

likwitsnake • 31 points

Just tell them he has been fed chief for 6-7 years now

Character-Education3 • 9 points

Some of those kids are gonna have one thing they associate him with Fuck your puts

LitterBoxServant • 2 points

Meet in the multipurpose room. Walk to the public library. Stop for froyo. Also, calls.

sergechewbacca • 291 points

Cook these frauds J Pow

wholewheatwithPB • 33 points

First they came for JPow and I revolted

FlimsyRexy • 13 points

I will stand for JPow

jasandliz • 807 points

Fox News is now reporting that it was actually Powell who shot Renee Good.

PhAnToM444 • 97 points

“Fox News is just now learning from senior Trump administration sources that the H. in Jerome H. Powell stands for ‘Hitler’ — we’ll be back with more on this developing story after the break.”

DDAisADD • 18 points

White guy named Jerome too. Trying to hide his middle name with distractions.

Goobapaaaka • 6 points

Lol it’s a Jewish name

UglyMcFugly • 65 points

Are their viewers allowed to sympathize with her now or is she still a domestic terrorist?

jasandliz • 43 points

We won’t know until markets open.

BunsBeyondBelief • 3 points

Big if true

iliveasimplelife • 569 points

holy fuck, tf is going on. Go daddy powell, tell’em who the boss is.

Worth-Athlete-9953 • 116 points

Let’s raise the rate to 100%, fuck everything up. https://preview.redd.it/ygrknyldktcg1.jpeg?width=1280&format=pjpg&auto=webp&s=e67b72efed7309232b90144217bf0df494391ce0

oasiscat • 9 points

Dew it.

Frognosticator • 7 points

What’s going on? Naked authoritarian takeover. The courts are now being used to enforce political alignment with the leader. I wish this were a joke.

Dananism • 82 points

I’m glad he hasn’t lost the will to fight like so many others have.

Tropod8 • 11 points

This! Why resign when you can stick to your guns and delay their agenda as much as humanly possible

crunchsoop • 301 points

The fucking GOAT