Jason talks about US Presidents from both major political parties threatening and bullying Fed Chairmen decades before President Trump did it with Jerome “Jay” Powell
This biased, poorly researched article from Politico last week inspired this video: The Fed’s dangerous ‘new normal.’ Is the Fed becoming the president’s piggy bank of choice? https://www.politico.com/agenda/story…
Additional Research on Past US Presidents Who Bullied Fed Chairman:
1) When LBJ Attacked A Fed Chairman https://www.zerohedge.com/news/2018-0…
2) A President at War With His Fed Chief, 5 Decades Before Trump https://www.nytimes.com/2017/06/13/bu…
3) Is Jay Powell The Arthur Burns Of Today? https://www.zerohedge.com/news/2019-0…
4) Burns Diary Exposes the Myth of Fed Independence https://mises.org/library/burns-diary…
5) Nixon’s Influence on Fed Revealed : Critical Letter From Reagan Shunted Aside, Memos Show https://www.latimes.com/archives/la-x…
6) How Richard Nixon Pressured Arthur Burns: Evidence From the Nixon Tapes https://www.researchgate.net/publicat…
7) How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes https://www.aeaweb.org/articles?id=10…
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