Thursday, April 4, 2019

Peter Schiff: Powell Puts It to Congress



This year Fed chairman Jerome Powell made his obligatory visit to Capital Hill, where he spoke to Senators and Representatives about monetary policy.


Of course, this really just amounts to a press conference for Democrats and Republicans to either talk up the economy or talk down the economy, depending on who's got the White House. 

Trump is the President, so you have a lot of Democrats trying to talk about why the economy is actually weak and trying to get the Fed Chairman to say something negative about the economy, or negative about President Trump. 

And, of course you have the Republicans trying to get Powell to validate how great the economy is, and how Trump's policies are helping the economy.

- Source, Peter Schiff