On January 11, the Department of Justice announced that it was opening a criminal investigation into Federal Reserve chair Jerome Powell for allegedly misleading Congress about the cost of refurbishm… [+11680 chars]
Behind Trump vs. Powell Is a Battle Over US Empire’s Future - Jacobin
After the 2008 crisis, the US set up a vast financial network offering liquidity to its allies. The ongoing clash between Jerome Powell and Donald Trump is partly about the future of this system and which vision of American empire it will promote.
Source:Jacobin.com
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