They’re not even trying to hide their corruption any more.
Here’s Republican Sen. Kevin Cramer on this Tuesday’s Kudlow on Fox Business Network, saying the quiet part out loud when it comes to Trump and Jeanine Pirro’s political investigation of Fed Chair Jerome Powell.
KUDOOW: We carved up, this was Jay Powell’s Sunday night martyrdom. I’m going to call it his martyrdom speech. We just have a couple of sentences which I think we can play for you. Hang on, here it comes, sir.
POWELL: The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the president. This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions, or whether instead monetary policy will be directed by political pressure or intimidation.
KUDLOW: Alright, so blah blah blah blah. I might add, no catastrophe in markets, no catastrophe in the dollar. There’s no catastrophe, period. Okay?
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