Our banking system is broken. Twenty-three billion dollars in bailout money and there is no accountability for those at the top.
So you take no responsibility on this.
Last week, the Fed decided to pause interest rates hikes after ten consecutive increases, and maintain the rate at its current level.
I do not believe that to have a strong economy was we must trade American jobs for corporate profits.
The challenge you face, Chair Powell, is to ensure that workers continue to see higher wages, while also continuing to rein in inflation.
Do you take responsibility for your role in these bank failures?
For the many of us who are concerned that further rate hikes could do more harm than good, this is welcome news.
For the largest multinational corporations, inflation has been a perfect excuse to increase profits by raising prices far beyond the costs o...
This is exactly why I opposed your nomination in 2017.
I opposed your confirmation because I believed that your continued leadership would be dangerous to our financial system.
When President Trump first nominated you as Federal Chair in 2017, you testified, actually in this very room, I think, that you intended to,...
That is talking about going forward.
In fact, you now hold the record, in a single year the FDIC has been forced to rescue more giant failed banks on your watch than any Fed cha...