“He has a dual mandate. Yes, he is responsible for dealing with inflation, but he is also responsible for employment,” the Massachusetts Democrat said on NBC’s “Meet the Press.” “And what Chair Powell is trying to do — and he has said fairly explicitly is that they are trying to, in effect, slow down the economy so that, by the Fed’s own estimate, 2 million people will lose their jobs. And I believe that is not what the chair of the Federal Reserve should be doing.
Another quarter-point interest rate hike, or .25%, is on the table as the administration continues to try to blunt record inflation amid a potential banking crisis.“All it does, at least by the way the chair wants to do this, is put millions of people out of work,” Ms. Warren said.
I'm sure she'll call on President JoeBiden and Vice President KamalaHarris to resign since their Administration got us into this mess, right?
Naw. You and your fellow commies have done that already.
Maybe….just MAYBE….they should’ve thought about that BEFORE passing all of those massive and pathetic spending bills.
Its now or even worse later
First (and the perhaps the last) time I agree with this woman
First it’s trump’s fault, now Powell…when really it’s her and Grandpa’s fault..
Is she still trying to fool us claiming to be Native American or has she stopped that?
While SenWarren helps spend trillions in dollars we don’t have. Hey Liz…you are the problem
Elizabeth Warren knows nothing about anything. Though, in this particular case, one of her staffers actually put an accurate statement into her teleprompter.
ewarren has praised JoeBiden the one who gave Powell another term. More wisdom as it breaks. tt:ckchumley
Lol she doesn't care about that it's just for show.
She absolutely knows nothing about economics. She should just be quiet.
Stop spending taxpayers money.
ewarren does her part by voting Aye on every spending bill. Bad outcomes take concerted effort.