
Facing Criminal Indictment, Powell Finally Stands Up To Trump
Jerome Powell's finally had enough of Donald Trump.
In an extraordinary statement accompanied by an

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Sad place we landed. Where do you think this ends?
Well, I think the main takeaway is that this is just more evidence to support the notion that America metamorphosed into an autocracy last year. It’s competitive autocracy in that Democrats will still be allowed to compete for power, but I don’t think anyone who’s any semblance of intelligence harbors any doubts anymore about where we are.
Is this the bias against rich, straight, white men that the Trump administration keeps talking about?
I think Trump will get more dictatorial and extremist, and make more reckless and ill-considered moves, as the midterms and his lame duck period approach. Speculation about the reasons is tempting but for prediction, the trendline is enough. All forms of risk premia should rise. This will be an interesting year, in the sense of the ancient Chinese curse. Most of us gathered around the Watercooler of H will survive, financially; some will thrive. But our peace of mind and our hearts may not be so fortunate. Good luck everyone.
Agree. The faster he crashes the faster he goes until….
Powell is the last man standing between Trump and his dream to fully commander all aspects of US policy. Amazing to witness a lawyer turned investment banker become the last bastion of the old system against full autocracy. I believe it is a courageous act from Powell, even if destined to be futile. The Chair has shown more integrity and respect for his institution than any member of Congress or the high court when it comes to Trump’s bullying.
+1
+1
I would like to see some gonad growth in congress and the senate. The executive branch needs cut down to size. Mad king donny won’t turn into a good guy by himself.
H-Man, it appears that Tillis will have Powell’s back covered by blocking all nominees during 2026 and if Powell doesn’t resign as a governor — another vote that would be independent of POTUS.
I went to boarding school starting in my freshman year in high school. I learned many important lessons that year. No matter how smart you think you are, many others are smarter. Even though I have eventually spent 50 years as an academic, been a fairly prolific researcher and a pretty good teacher of more than 12,500 students, I remain humble in the knowledge that even though I have accomplished many things I still don’t understand why the extra electricity doesn’t run out of the wall and onto the floor. Oh, and I still can’t win a proper chess game. I also learned that no matter what you have, millions have more. Same with power. Even when you learn how to use it someone is always better at it. No matter how you try to hide, it’s Rollo Thomasi who gets away with it. Finally, early in my life I leaned that lying is a very bad idea. There will be a day when djt, Prince of the Very Tiny Hands finally wakes up one last time and discovers all these truths. It will happen. I’m just glad I discovered them all at 13. It’s been such an important driver for my self image.
Mr. Lucky, with regard to your comment, “There will be a day when djt, Prince of the Very Tiny Hands finally wakes up one last time and discovers all these truths”- I must respectfully disagree.
In fact, I fully expect that djt’s narcissistic behavior will escalate over his remaining time. I’ve personally witnessed this in another human.