Jay Powell is fatally wounding the Fed’s independence on monetary policy by staying in office. Time to go, Jay.
JUST IN: SENATOR LUMMIS JUST POSTED TO HER 385,000 FOLLOWERS THAT "IT'S TIME FOR NEW LEADERSHIP AT THE FED" IT’S OVER FOR JEROME 👏 https://t.co/7XmTfEqWMC
JUST IN: SENATOR LUMMUS JUST POSTED TO HER 385,000 FOLLOWERS THAT "IT'S TIME FOR NEW LEADERSHIP AT THE FED" IT’S OVER FOR JEROME 👏 https://t.co/nZY4Xv0lxx
Senator Cynthia Lummis has publicly called for Federal Reserve Chair Jerome Powell to resign, citing his repeated failures and unfitness to lead the central bank. Lummis accused Powell of damaging America's competitive edge and failing the American people. She also blamed him for enabling Operation Chokepoint 2.0, which she claimed severely harmed the digital asset industry. Lummis emphasized the need for new leadership at the Federal Reserve to restore its independence on monetary policy and address current challenges. Her statements have been consistent and forceful over several weeks, underscoring her demand that Powell step down immediately.