Tuesday on Capitol Hill, failed presidential candidate and unhinged socialist Sen. Elizabeth Warren confronted Fed chair Jerome Powell , calling him a “dangerous man” who is putting the country at risk of another financial crisis and announcing that she will oppose his renomination.
Powell was testifying to the Senate Banking Committee alongside Treasury Secretary Janet Yellen in a hearing on pandemic economic relief.
“Renominating you means gambling that for the next five years a Republican majority on the Federal Reserve with a Republican chair who has regularly voted to deregulate Wall Street won’t drive this economy over a financial cliff again,” Warren claimed. “With so many qualified candidates for the job, I just don’t think that’s a risk worth taking.”
“Over and over you have acted to make our banking system less safe and that makes you a dangerous man to head up the Fed,” Warren Said. “And it is why I will oppose your renomination.”
Ironically, it is Democrats like Warren, not Powell, that have driven America’s economy over a cliff and made our banking system less safe.