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Politics : Formerly About Advanced Micro Devices

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longz
To: Mongo2116 who wrote (1534767)4/21/2025 8:53:25 PM
From: Broken_Clock1 Recommendation  Read Replies (1) of 1573787
 
No, it's what his bio screams. DC insider, investment bankster, MIC shill, derivatives, you name it, he screwed somebody.

"Powell expressed concerns that, in the current situation, the government is responsible for mortgage defaults and that lending standards were too rigid, noting that these can be solved by encouraging "ample amounts of private capital to support housing finance activities". [39]

In November 2020, Bloomberg News called Powell "Wall Street's Head of State", as a reflection of how dominant Powell's actions were on asset prices and how profitable his actions were for Wall Street. [13]
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