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gab13by13

(32,804 posts)
Sun May 17, 2026, 07:45 AM Sunday

Thursday The House Advanced 6 Bills That Affect The Fed & Central Bank Policy

The Fed is taxed with balancing maximum employment with stable prices, the new House Bill strips away the employment objective.

AI is free to go wild, the number of people who are unemployed will no longer be a goal of the Fed.

Warsh may not have the votes to control interest rates so the billionaires that own Congress are going to strip away the power of the Fed.

Also, Warsh is going to strip away the Fed's balance sheet, take away its money, take away any possibility of doing QE altogether.

A handful of billionaires are in control of our government and they are going to party hearty and we aren't invited to the party.

https://www.msn.com/en-us/news/politics/house-committee-strips-fed-s-job-mandate-to-focus-solely-on-inflation-control/ar-AA23lzPI?

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