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#FedThread
As far as the @USSupremeCourt decision on Cook:
The President DOES have the right to fire Cook "FOR CAUSE" and the Supremes should unanimously rule that. If a President is NOT above the law - then certainly someone on the Fed is not either.
BUT - and this will not make @realDonaldTrump happy:
๐ they should also rule that they are NOT making a ruling on whether there was "cause" only that IF there was he could fire her.
Sent back to lower Courts. IF THEY RULE OVETHERWISE - then we would all know the Court is broken.
@JonathanTurley
@WhiteHouse
@FaulknerFocus
@EamonJavers
@johnrobertsFox
@IngrahamAngle
#FedThread
@steveliesman just now on inflation GSP #'s: "People want to live with these high gas prices as they used to live."
WTF?? Used to live when???
๐when gas prices were at $2.50 during @realDonaldTrump's 1st term?
๐when gas prices were at $5.00 just a few years ago during Biden's diaster?
๐when gas prices were at $3.50 just 3 months ago??
DISGRACE how haters want to let Iran nuke us all for 3 months or so of higher gas prices???
meanwhile people are buying gas guzzlers like they are going out of style.
#FedThread
OMG @SenThomTillis Powell is NOT under investigation. Those overruns are. ALL @USAttyPirro wanted were those documents YOU SAY YOU HAVE AND JUST SHOWED.
IF The Fed LAWYERS had handed those documents over months ago THERE WOULD BE NO ISSUE HERE.
Are YOU saying that the Fed IS ABOVE THE LAW???
YOUR hate of @realDonaldTrump is SO OBVIOUS.
@SenJkennedy
@SenatorTimScott
@TradersCom @GaryKaltbaum @BeckInvestLLC @barryknapp @pboockvar @KellyCNBC @federalreserve @AtlantaFed @stlouisfed @DallasFed @NewYorkFed @SquawkStreet @steveliesman @RickSantelli @SquawkCNBC @BeckyQuick @HalftimeReport @jlebenthal @jimiuorio @petenajarian @CNBC @CNBCClosingBell @ScottMinerd @MorningsMaria @dagenmcdowell @KennyPolcari @cherylcasone @SimonettiLauren @BobPisani @FoxBusiness @repdarrellissa @spomboy @LouBasenese @lh_carter @roninsana @kevinolearytv @Sen_JoeManchin @Wharton @lizpeek @GerryBakerWSJ @SenRonJohnson @RandPaul @WSJ @greg_ip @andrewrsorkin @SenKevinCramer @SenThomTillis @USAttyPirro @SenRandPaul #FedThread
@DaveMcCormickPA you want to sweep this Hard Hat matter under the rug in the Senate Banking Committee then get the Fed lawyers to hand over the documents requested so that the DoJ can hand it over to you.
NO ONE IS ABOVE THE LAW!
#FedThread
@SenRandPaul You are MISSING the point about Powell and the NON EXISTANT lawsuit.
There is no lawsuit. All @USAttyPirro ever wanted was some documents. Powell refused because HE THINKS HE IS ABOVE THE LAW.
supposedly no one is above the law.
Guess that only applies to @realDonaldTrump and his supporters
#FedThread
@jonfortt
Powell made this about himself with his pity speech. @USAttyPirro always said this was about cost overruns and not about Powell. All they needed to do was hand over some documents - THEY REFUSED
@realDonaldTrump should immediately give Powell blanket immunity - which he won't accept out of spite - and ask the @SenThomTillis to just get the DoJ the documents.
Saying taxpayer money is such a bad thing???
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@TradersCom @GaryKaltbaum @BeckInvestLLC @barryknapp @pboockvar @KellyCNBC @federalreserve @AtlantaFed @stlouisfed @DallasFed @NewYorkFed @SquawkStreet @steveliesman @RickSantelli @SquawkCNBC @BeckyQuick @HalftimeReport @jlebenthal @jimiuorio @petenajarian @CNBC @CNBCClosingBell @ScottMinerd @MorningsMaria @dagenmcdowell @KennyPolcari @cherylcasone @SimonettiLauren @BobPisani @FoxBusiness @repdarrellissa @spomboy @LouBasenese @lh_carter @roninsana @kevinolearytv @Sen_JoeManchin @Wharton @lizpeek @GerryBakerWSJ @SenRonJohnson @RandPaul @WSJ @greg_ip @andrewrsorkin @SenKevinCramer @SenThomTillis @GOP @RNCResearch @realDonaldTrump #FedThread
AND to further the angst and volatility - INSTEAD of saying that at the end of his term he will be stepping down... Powell goes OUT of his way to say:
I'M STAYING PUT. GFY
#FedThread
OK now the Fed is just pissing off @realDonaldTrump on purpose.
On 1 hand they say growth is increasing BUT they have insanely low forecasts. They see 2.5% for 2026, then 2.3% then 2.0%.
Last qtr was 4.4% and there is no reason so far to say the entire 2026+ should be different.
He's just poking the bear for no damn reason.
@WhiteHouse
#FedThread
OF course headlines say .7% when really the increase for the Fed was .5%. OK - that sucks too but really the .5% IS #TRANSITORY and this time it really IS
Wholesalers are being fed $150 oil by a hateful media, when that will never happen but wholesalers have to make sure they're covered.
.5% is more like .3%
Like a kidney stone - this too shall pass.
"Wholesale prices rose 0.7% in February, much more than expected" https://t.co/ue4yL99OMU
#FedThread
OMG - a few weeks of SHORT-TERM higher - BUT STILL NOT AS HIGH AS DURING BIDEN - oil prices is a TINY inconvenience to pay to get rid of those horrors in Iran and have peace. Something we have NOT had since the 1979 Mullah's via France - forever war.
Powell better keep his finger off of the TDS rate trigger
Surging oil prices could wipe out benefits from Trumpโs โbig beautiful billโ https://t.co/gPhN1kvOvc
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I really can't believe that @jimcramer just said to Kevin Hassett that:
Predictions (GAMBLERS. MOBS.) are taking over the financial markets. As this is a good thing to him.
WHAT IS WRONG WITH EVERYONE??
https://t.co/flGRAFBLAN
@SaraEisen
Bad enough we let Polymarket's GAMBLERS determine sports outcomes, but letting it determine our oil policy, foreign policy... ELECTIONS - is an ultimate disgrace
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@SanFranciscoFed's Daly just said it:
"Productivity growth is strong. You can't go by 1 month's #'s when strikes (nurses) and SNOW were a factor. Oil is up, BUT HOW LONG WILL THIS LAST?"
#FedThread
And after we pay back the money for the tariffs to importers... let's fix the other things that the tariffs had done:
๐Immediately flood the streets with meth and fentanyl
๐Increase child trafficking
๐Stop the construction of all those factories to make drugs, chips, and everything else that the tariffs were bringing back here.
๐etc
@EamonJavers @HalftimeReport @PressSec
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Wrong @Mike_Pence - this is NOT a win for America. It is ONLY a win for the globalists who hate Trump.
While I did NOT like the way the tariffs were done - the outcome of BRINGING BACK TO AMWRICA MANUFACTURING & JOBS... that is a great benefit to ALL of America.
#FedThread
Many are missing the point on the tariffs and SCOTUS decision.
Many of the tariffs were NOT really reciprocal... especially those with China. The tariffs were to stop drugs, and to bring back jobs here... not to regulate trade
The REAL victims here are ALL THE AMERICAN WORKERS that may not get jobs because now they don't have to manufacture it here.
Back to the future.
#FedThread NOT 1 mention of the govt shutdown in CNNBC's GDP report. this is why NO one trusts the media.
"Realistically, the true effect is between 0.5 and 0.9 percentage points."
1.4% + .9% = 2.3% - RIGHT IN LINE.
Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3% https://t.co/h1oj6SXT7h

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Powell hints are going "both ways", but why? well it has nothing to do with inflation, but everything to do with slowing down this economy so people become even more depressed by November.๐ค๐ค
@TradersCom @GaryKaltbaum @BeckInvestLLC @barryknapp @pboockvar @KellyCNBC @federalreserve @AtlantaFed @stlouisfed @DallasFed @NewYorkFed @SquawkStreet @steveliesman @RickSantelli @SquawkCNBC @BeckyQuick @HalftimeReport @jlebenthal @jimiuorio @petenajarian @CNBC @CNBCClosingBell @ScottMinerd @MorningsMaria @dagenmcdowell @KennyPolcari @cherylcasone @SimonettiLauren @BobPisani @FoxBusiness @repdarrellissa @spomboy @LouBasenese @lh_carter @roninsana @kevinolearytv @Sen_JoeManchin @Wharton @lizpeek @GerryBakerWSJ @SenRonJohnson @RandPaul @WSJ @greg_ip @andrewrsorkin @SenKevinCramer @SenThomTillis @GOP @RNCResearch @WhiteHouse #FedThread
Seriously Liesman: "...the handoff on inflation to Trump by Biden was a pretty good one."
What the heck are you smoking. Santelli how can you just stand their smiling?
a 20% #ForeverInflation was OK with you??

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this should be on every billboard across this Nation
#Biden's #ForeverInflation

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