Quantcast

Economic Council Director Kevin Hassett Discusses Economic Situation and Jerome Powell Investigation

National Economic Council Director Kevin Hassett appears on CNBC to discuss the current status of the Trump economy.  Obviously, the first question to Hassett surrounds the announcement by Fed Chairman Jerome Powell that he is under a grand jury investigation.

Director Hassett rightly notes the DOJ is independently investigating the issues of Powell as a result of both a Senate Banking Committee (Tim Scott) and House criminal referral for misleading and false testimony related to the construction of the FED building in Washington DC.  Both the decisions by the Federal Reserve and the Dept of Justice are not outcomes of President Trump’s decision making.  Secondly, Hassett is considered a candidate to replace Powell in May, so it would be inappropriate for him to make any comments.  WATCH:

.

(more…)

FED Chairman Jerome Powell Attempts to Evade Legal Accountability by Hiding Behind His Office

Regardless of how you feel about the Federal Reserve Board, I think we would all agree the construct of an autonomous central bank is outside the boundaries of our constitutional framework.  Factually, the Sea Island financial group set up the Federal Reserve as a system of control over the U.S. economy that was completely unnecessary.

That same ultra-constitutional mindset of omnipotent power permeates the recent statements by FED Chair Jerome Powell, who now attempts to evade a Dept of Justice investigation by hiding behind the ruse of his non-elected office.

Last year, facing ridiculous cost overruns, Congress questioned Powell over the insane spending proposal by Powell for a new office building.  Chairman Powell characterized the construction changes, that escalated the cost of the project from $1.9 billion to $2.5 billion, as ‘minor modifications.’  That’s $2.5 billions of taxpayer money.

A referral to the Dept of Justice was made [SEE HERE] following Powell’s testimony.  Things got ugly quickly when President Trump, a builder and renovator himself, took exception with the scale and scope of the ridiculous spending plan.

In an effort to both use his office as a defense, and simultaneously weaponize the power of his position, Jerome Powell waits until Sunday evening to announce he is being investigated by the DOJ [SEE HERE], and then he claims it is political targeting.

.

[Transcript] – “Good evening.

On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June. That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings.

(more…)

January 12th – 2026 Presidential Politics – Trump Administration Day 358

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Monday January 12th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

.

(more…)

President Trump Impromptu Press Conference Aboard Airforce One – Video

President Trump holds an impromptu press briefing flying back to Washington DC.

TOPICS: Iran protests, Response to Iran actions, You go to Venezuela? Meet with Delcy Rodriguez? When meet with Machado? Oil company commitments, Guarantees for oil companies, Deal with Cuba, Oil tankers and Cuba, Send Starlink to Iran? (DT: Going to call Elon Musk) Iran retaliate? Machado meeting Q2, Gaza Board of Peace. Greenland, Greenland and NATO, Pull USA out of NATO? Offer to Greenland? UK, Germany & Greenland, Put more bases in Greenland?

TOPICS (Cont.): Immunity for Minn ICE officer, Should ICE have immunity? Deadly force (ICE), You going to Detroit, Bill in the Senate, Object at Palm Beach Airport, Message to Iranian people, Iran opposition leaders, Melania’s film, Melania film premiere at TKC. Mortgage bond purchases, Credit card interest rates, Negotiate with Iran? (DT: They called), Your DC golf club.

.

(more…)

Sunday Talks: DHS Secretary Kristi Noem -vs- Jake Tapper

Dept of Homeland Security Secretary Kirsti Noem appears on CNN to discuss the Minneapolis ICE shooting and the “domestic terrorism” that is taking place against Immigration and Customs Enforcement officers.

Within the interview Secretary Noem emphasizes the activists working to disrupt federal ICE officials are conducting domestic terrorist operations. The leftist media are going bananas over Noem’s description of the anarchists’ activity.

.

Secretary Noem also appeared on Fox News with Maria Bartiromo to answer questions about threats of impeachment.

(more…)

Sunday Talks: Energy Secretary Chris Wright Discusses Venezuela Next Steps – Video and Transcript

Energy Secretary Chris Wright appears on Face the Nation to discuss the current and future plans for oil production in Venezuela, while explaining how the current mechanism to sell the oil is operating.

[Transcript] – MARGARET BRENNAN: This morning, President Trump vowed that Venezuela now has the military protection of the US. This comes just one week after he said the US would run that country. Meanwhile, Venezuelan opposition leader Maria Corina Machado is expected to travel to Washington to meet with President Trump this week. For his part, Mr. Trump and his team met with dozens of US oil executives late last week, urging them to commit $100 billion to boost oil production there. Joining us now to discuss it all is the United States Secretary of Energy, Chris Wright, good to have you here in person.

SECRETARY CHRIS WRIGHT: Thanks for having me, Margaret.

(more…)

Sunday Talks: Border Czar Tom Homan -vs- NBC Kirsten Welker

Border Czar Tom Homan appears on NBC to discuss the Minneapolis, Minnesota ICE shooting and the subsequent protests which have been organized to achieve maximum civil disorder.

.

(more…)

U.K Asks Germany and France, EU NATO, to Support Expanded Presence in Greenland

Annnddd… Just like that, President Trump wins again.

Seriously folks, you would think that after all this time the Europeans would finally understand how President Trump manipulates the media cycle and gets them to do exactly what he wants – while they and the majority of their constituents think it’s exactly the opposite.  This stuff is just too funny now.

According to European media outlets, British Prime Minister Keir Starmer is in discussions with Germany and France to send a NATO alliance to Greenland to establish a stronger NATO military footprint. {LINK}

The media present this, hilariously, as if European NATO is going to defend Greenland against President Trump and the USA military. {{INSERT SEVERAL LAUGHING EMOJIS HERE}} I mean, think about it rationally.

The U.K, France and Germany are unwilling to send troops into Ukraine without the protection of the U.S. military.  But somehow, for some reason, the U.K, France and Germany are going to send troops to Greenland to defend against the U.S. military.

The narrative sounds silly when put into context, right?

The reality is, for several years President Trump has been telling NATO they need to take the Arctic (Greenland) seriously and position more strongly against encroachment by China and Russia.   European NATO has not responded with urgency to the requests of President Trump… because orange man bad.

So, President Trump starts talking about the U.S. taking aggressive unilateral action to secure Greenland as a strategic national security matter.  Suddenly, ‘Voila!’ European NATO, under the auspices of defending their Denmark democracy, wakes up and says, ‘No, wait, you can’t just take Greenland, that’s bad.’  Then they assemble urgent talks to send EU NATO military resources to Greenland.  Exactly what President Trump has been requesting to formerly deaf ears.

See how that works?

(more…)

Bessent Is Angry – Minnesota Governor Walz Refused to Provide Any Security for Treasury Secretary

It appears that Minnesota Governor Tim Walz is about to discover what happens when you anger the Treasury Secretary, who happens to be the IRS Commissioner.   WATCH (Prompted):

.

(more…)