Trump takes control of the Federal Reserve Bank under the U.S. Treasury with Michael Telling | YouTube

By Michael Tellinger

U.S. President Donald Trump breaks a 250-year long stranglehold of the Royal Political Elite and their central banks. Since the 1760s and the rise of the Rothschild banking empire, the world has been held hostage by the global banking elite families, led by the Rothschilds – creating the largest organised crime syndicate on Earth – larger than all other crime syndicates combined – more brutal, more bloodthirsty and yet completely visible to all. They have abducted, tortured, bribed, extorted and murdered all their opponents to stay in control. They launched most of the wars in history, invaded countries and removed any threat with brutal force over and over again.

They have more blood on their hands than all other crime syndicates combined. Many honest leaders, presidents and prime ministers have tried to free their countries from the banksters’ stranglehold over this period, but so far, in over 250 years, no one has succeeded. Until NOW President Donald J Trump has quietly taken over the Federal Reserve Bank of the USA, in the last 2 weeks of March 2020 – without any fanfare or massive media exposure.

In a cunning move, Trump is now in complete control of the largest Reserve Bank on Earth – without any violence or bloodshed – by simply absorbing the FED into the Treasury Department. It may take some time for this to sink in – But this is a pivotal moment in more that 250 years – will other leaders follow the USA president, or are they too fearful? At least the USA will not invade your country, as they have done before – to topple the “rogue” leadership in order to retain control of the central bank – because the USA is now leading this historic break-away moment.

If only 10 countries of the world do this – take control of their central banks – and in essence rename them the “Peoples Banks” – we will rapidly break the Rothschild stranglehold over humanity and usher in a new era of freedom from economic slavery – prosperity and abundance for all.

Source: YouTube & Michael Tellinger’s Ubuntu Planet

Plans to Re-Open – U.S. Surgeon General Dumps Gates ‘Predictive Contagion” Model | Fort Russ News

President Trump And First Lady Melania Host Nat'l African American History Month Reception At The White HouseBy Andrew Joseph

In a stunning turn of events, Surgeon General Jerome Adams explained in an interview on live XM radio, that the Coronavirus Task Force has, effectively, dumped the Bill Gates/CDC/WHO predictive contagion model, and is now working with the real data.

He explained on the Sirius XM’s Breitbart News Daily host Alex Marlow, that given the new data, businesses will begin to re-open as early as May, others in June.

This runs contrary to the out-and-out fear-mongering of Dr. Fauci and Bill Gates who have made a media tour, threatening the public that businesses may not re-open for six months to a year, or until and unless governments purchase their conveniently patented, big-pharma vaccination.

According to Dr. Adams:

“What the American people need to know now is we actually have data, and so we’re tracking that data,”

Before this about-face, which appears to have come as an order from the Trump administration in  consultation with the findings of Dr. Adams, the task force was working with’predictive models’, which had been created by the Bill Gates dominated WHO and CDC. Dr. Fausti’s control over the CDC has been criticized in the past for its for-profit motive in handling a range of illnesses from HIV to H1NI.

In those inflated, ‘fear-based’ models, the deaths of millions worldwide, and hundreds of thousands in America, were touted. These were used as the basis for what many experts have termed a ‘grossly disproportionate response‘.

Previously, the task force was working with predictive models, frequently criticized because of their tendency to exaggerate the possible effect of the virus on the United States. Models predicting the deaths of millions and hundreds of thousands in America appear to be overblown, as the real-time data is showing the death count much lower.

Adams said that the models usually took data from different cultures and places around the globe, but they were able to track more accurately what could happen in the United States based on real data gathered in places such as California and New York.

“We’re following this data every single day, and we’re giving that data to communities so that they can make informed and intelligent decisions about when and where to reopen,” he said.

A significant indicator for communities being allowed to reopen, Adams said, was actual testing data, not a predictive model.

“I feel confident that some places will start to reopen in May and June. Other places won’t; it will be piece by piece, bit by bit, but will be data-driven,” he said.

Adams praised South Korea and Singapore, which closed their borders early, just like the United States did with travelers from China. But he said there are lessons learned across the board.

Source: Fort Russ News

Term limits will drain the swamp and stop career politicians | The Washington Times

CapitalClockBy Conner Drigotas

One of the ironies of the impeachment of President Trump is just how similar the cast of characters is to those in the impeachment of Bill Clinton. By the time the trial was over, Nancy Pelosi, Jerry Nadler, Maxine Waters, Lindsay Graham, and 80 other members of Congress had cast a vote. And what is obvious is that the same players have been acting out for decades. When will things change?

Let’s face the facts: Washington politicians and bureaucrats arrive in the swamp and become entrenched. The longest-serving members of Congress have served for more than 45 years, and there are 44 congressional districts in which the age of the representative is more than double the median age of their constituents.

Incumbents, of course, have a defined advantage in this: In 2016, 97 percent of representatives were reelected. So if Americans want solutions at the highest levels of government, we should be demanding fresh leadership on a regular basis: Politicians and government officials should be subject to a short tenure before returning to civilian life through term limits.

Modern problems demand modern solutions. Aging seniors grilling tech gurus about privacy, emerging technologies and consumer rights have become a national joke. More concerning, tech illiteracy is yielding bad legislation that puts American security at risk.

Yet, the only thing the opposition party can offer judging by the Democratic presidential candidate lineup is more of the same, with candidates claiming long careers contributing to the swamp. Elizabeth Warren is in her eighth year in Washington, and she’s competing for the Oval Office against Bernie Sanders, who’s been an elected official since 1981.

Both are looking to extend their stay in Washington, whether as president or through a continued Senate tenure. Joe Biden, another candidate, first took public office 50 years ago, in 1970. Fresh names and fresh ideas, on both the right, with Donald Trump, and the left, with Pete Buttigieg, have already won the first caucus of 2020. Americans are clearly hungry for something new.

Term limits could be one viable measure to prevent career politicians. It’s an idea that has been promoted by Mr. Trump with varying degrees of enthusiasm. The struggle, of course, lies in the fact that members of Congresswould have to be willing to vote themselves out of a job.

Removing career politicians, regardless of their success or good will, ensures that the job is in the service of the people rather than in pursuit of greater net worth. But term limits would only solve a part of the problem. Beyond elected officials, there are more than 2.1 million federal employees propping up the status quo.

The vast web of bureaucrats who staff the federal government’s many administrative branches have an even longer tenure than Congress. The most tenured Washington bureaucrat has been working for the government since 1942. No matter how perfect a civil servant’s record on the job, longevity itself must be addressed.The administrative state enables bureaucrats to write rules, direct policy and impact the lives of everyday Americans. Yet, voters can’t vote this vast workforce out of office. Federal employees are difficult to remove, and often the will to remove them isn’t there. A 2013 study by the office for governmental accountability found that only 0.18 percent of employees were terminated in 2013, roughly 10 percent the rate of the private sector.

Mr. Trump has often pledged to “drain the swamp,” but he has yet to follow through on that campaign promise. The number of federal employees has remained relatively consistent since the 1950s and held steady through the Trump presidency. Federal tenure rules make it increasingly difficult to remove low performers. It doesn’t seem to matter who’s in office, or from what party — these career bureaucrats continue to exert power.This unchecked control is especially troubling when it involves sensitive information concerning national security. In 2017, officials with anonymity confessed that intelligence agencies routinely withheld information from the commander-in-chief, asserting authority as independent actors not beholden to elected officials or the American people.

That some longtime politicians and bureaucrats may be acting in the best interests of the people doesn’t negate the larger point: Those who contribute to the swamp far outnumber honest civil servants. Simply put, governance should not be a career; it should be temporary and in service to the public. Short tenures are the way to do just that, since they’ve historically served to keep the size of government power in check.

Whoever wins in November, though, is unlikely to make a difference in that regard. For Congress and the Washington Machine, history has shown that the White House won’t impact business as usual.

But things need to change — from term limits to an end to federal tenure. Abbreviated careers in government would ensure the will of the people informs the highest levels of government.

Let’s show swamp dwellers the door.

• Conner Drigotas is the director of communications at a national law firm and a Young Voices contributor.

Source: Washington Times

House to Vote This Week on Impeachment Inquiry, Says Pelosi | The Epoch Times

The House is slated to vote this week on the impeachment inquiry into President Donald Trump, top Democrats have said.

Speaker Nancy Pelosi (D-Calif.) said Monday that “we will bring a resolution to the Floor that affirms the ongoing, existing investigation that is currently being conducted by our committees as part of this impeachment inquiry, including all requests for documents, subpoenas for records and testimony, and any other investigative steps previously taken or to be taken as part of this investigation.”

Rep. Jim McGovern (D-Mass.), the chairman of the House Rules Committee, said on Monday that he will introduce a resolution to “ensure transparency” and “provide a clear path forward” in the inquiry.

According to the House Rules Committee’s website, a meeting will be held Wednesday “directing certain committees to continue their ongoing investigations as part of the existing House of Representatives inquiry into whether sufficient grounds exist for the House of Representatives to exercise its Constitutional power to impeach Donald John Trump, President of the United States of America, and for other purposes.”

McGovern, meanwhile, said that he plans on introducing it on Tuesday, according to a statement, as reported by CBS News.

It will be the first, formal vote on the impeachment process after House Speaker Nancy Pelosi (D-Calif.) announced the inquiry in September.

Republicans and the Trump administration have called for the House Democrats to hold a vote on the inquiry.

“As committees continue to gather evidence and prepare to present their findings, I will be introducing a resolution to ensure transparency and provide a clear path forward,” McGovern said in a statement. “This is the right thing to do for the institution and the American people.”

At the same time, Republicans have criticized the way in which Democrats have conducted the investigation, saying they are being held in secret while leaking information about them to the media. Last week, a coalition of GOP lawmakers entered a closed-door meeting that was being held by House Intelligence Chairman Adam Schiff (D-Calif.).

“We are taking this step to eliminate any doubt as to whether the Trump Administration may withhold documents, prevent witness testimony, disregard duly authorized subpoenas, or continue obstructing the House of Representatives,” said Pelosi in the statement.

Source: The Epoch Times

 

SPLC brands evangelical group that fights antisemitism as ‘hate group’ | WND

Editor’s Note: Twenty years ago I found myself (aka “Johnny Liberty” and many of our associates on the distinguished SPLC listed as a “hate group” because we were largely successful in teaching millions of people about sovereignty through our audio courses and offshore seminars. SPLC labeled us as part of their continuing “disinformation” campaign waged on behalf of deep state operatives who wish to destroy this constitutional Republic at all costs. Unfortunately, SPLC was hired to miseducate police officers all across America to harass “constitutionalists” and sovereign citizens.

The Southern Poverty Law Center (SPLC), once widely praised for fighting the KKK, has devolved into routinely slapping its “hate” label on groups that don’t align with its far-left values

With that in mind, there may be a silver lining in SPLC’s designation of Proclaiming Justice to the Nations as a hate group, said PJTN’s founder and president, Laurie Cardoza-Moore.

“If being pro-Israel and against antisemitism is now considered a hate crime, I will wear the SPLC listing as a badge of honor,” she said

But she said that placing her group “alongside bigots and Nazis minimizes the true meaning of hate.”

“In reality, PJTN is on the front lines and in the headlines of fighting against antisemitism on a daily basis.”

She vowed to continue “to fight hate through our thousands of PJTN Watchmen around the globe.”

“Our answer to this absurd listing will be to open more PJTN chapters in American and fight harder to have antisemitism defined and confronted throughout the free world,” Cardoza-Moore said.

She pointed to the irony of SPLC’s claim that PJTN is a “hate” group, since PJTN “exists to fight the world’s oldest hatred – antisemitism.”

“PJTN has gained wide international media acclaim as it encourages state legislators to act against antisemitism and BDS,” the organization’s statement said.

“However, the Southern Poverty Law Center seems to believe that being pro-Israel and against antisemitism is now a hate crime.”

Cardoza-Moore said the SPLC list “has become nothing short of a witch hunt against organizations that don’t share their extremist liberal worldview.”

“Sadly, many institutions still look to the once credible SPLC for advice on hate groups. We hope that being blacklisted will not impede upon our ability to continue defending the Jewish people and Israel against global antisemitism,” she said.

“We will not be marginalized or silenced because of our support for Israel and the Jewish people. This will only strengthen our resolve to work harder. We call upon all of our supporters to write to the SPLC and demand that they immediately remove PJTN from their nefarious list before they lose any credibility they still have as a credible watchdog.”

The organization was established to urge Christians to stand with their Jewish brethren and Israel against the global surge of anti-Semitism.

Cardoza-Moore, who serves as a special envoy to the United Nations, recently called on Christians to stand vigil outside synagogues during the Rosh Hashanah holidays for Jews.

Pointing to several acts of violence against synagogues, she said there is “no justification on earth for these heinous attacks and no American should feel unsafe in their house of worship.”

Source: WND

Senate Resolution Urges Formal House Vote on Initiating Impeachment Inquiry | The Epoch Times

Sen. Lindsey Graham (R-S.C.) holds a press conference about the House impeachment inquiry process, on Capitol Hill in Washington on Oct. 24, 2019. (Charlotte Cuthbertson/The Epoch Times)

Editor’s Note: We the People are witnessing an attempted coup d’tat of our United States government in broad daylight and this impeachment inquiry is a smokescreen, a distraction, a false narrative and coverup orchestrated by the many co-conspirators who before Trump was elected in 2016 decided to manufacture a false accusation re: Russian collusion to discredit him. These “enemies of the state” decided that should Trump be elected that they would take it into their own hands to overthrow a duly elected President of the United States. If you are one of the many naive American’s who actually believe what you read in the mainstream, corporate newspapers and are not savvy enough to understand the hidden powers that pull the strings behind the curtain of the U.S. Congress, then shame on you. Wake Up America before it’s too late!

Sen. Lindsey Graham (R-S.C.) introduced a non-binding resolution on Oct. 24 calling on House Democrats to hold a formal vote on initiating an impeachment inquiry before moving any further in the investigation of President Donald Trump.

Thirty-five Republican senators co-sponsored the resolution, which also demands that the impeachment inquiry accommodate Trump with constitutional due-process protections. By early evening on Oct. 24, the number of co-sponsors had reached 46.

“The House of Representatives is abandoning more than a century’s worth of precedent and tradition in impeachment proceedings and denying President Trump basic fairness and due process accorded every American,” the resolution (pdf) states.

“One of the cornerstones of the American Constitution is due process: the right to confront your accuser, call witnesses on your behalf, and challenge the accusations against you.”

Senate Republicans unveiled the resolution one day after roughly three dozen House Republicans stormed a hearing room during a House Intelligence Committee impeachment deposition to demand that the closed-door hearings be opened to lawmakers and the public.

The resolution points out that during the three prior impeachment proceedings, the House held a formal vote to initiate an impeachment inquiry. In Trump’s case, the process was replaced by a press conference by House Speaker Nancy Pelosi (D-Calif.), the Republicans charge.

“The proposition that the Speaker acting alone may direct committees to initiate impeachment proceedings without any debate or a vote on the House floor is unprecedented and undemocratic,” the resolution states.

Prior impeachment proceedings allowed the presidents to have counsel present at hearings and depositions, according to the resolution. In each case, the presidents’ lawyers were allowed to introduce and object to evidence and call on and cross-examine witnesses.

“By contrast, the House’s current impeachment ‘inquiry’ provides none of these basic rights and protections to President Trump,” the co-sponsors say. “The main allegations against President Trump are based on assertions and testimony from witnesses whom he is unable to confront, as part of a process in which he is not able to offer witnesses in his defense or have a basic understanding of the allegations lodged against him.”

House Democrats are investigating allegations related to President Donald Trump’s phone call with Ukrainian President Volodymyr Zelensky. During the conversation on July 25, Trump asked Zelensky to look into two matters. The first request concerned a server tied to Crowdstrike, the cybersecurity firm that analyzed the Democratic National Committee server allegedly breached by Russian government hackers. The second request concerned allegations of corruption by former vice president Joe Biden and his son Hunter Biden.

The Democrats have conducted all of the hearings to date behind closed doors. The public’s access to the information has so far been limited to leaks to the media and a handful of documents published by the committees.

The Democrats have defended the process, claiming that lawmakers in prior impeachment proceedings worked from material collected through an investigation by a special counsel. Meanwhile, the lawmakers took up the current case without letting a special counsel conduct an inquiry. As a result, the process requires secrecy so that witnesses don’t adjust their testimony.

The constant leaks from the inquiry have undermined the advantages gained through secret proceedings. Republicans say they don’t have access to transcripts of the depositions. Meanwhile, leaked information seems to consist almost entirely of sections of testimony damaging to Trump.

The minority Republicans on the three committees conducting the impeachment inquiry don’t have the same rights as those that were granted to the minority Democrats during the House impeachment inquiry of President Bill Clinton, including the ability to issue subpoenas. The resolution calls on the Democrats to follow precedent and grant Republicans the same rights.

“We’re not telling the House they can’t impeach the president. What we’re telling the House is, there’s a right way to do it, and a wrong way to do it,” Graham told reporters. “This is one part legal, and two parts politics.”

The White House has refused to cooperate with the impeachment inquiry unless the Democrats hold a vote to formally launch the inquiry. The president has denied any wrongdoing in his call with Zelensky. The Ukrainian leader said he wasn’t pressured during the phone call.

Trump on Oct. 23 criticized the impeachment inquiry along lines similar to the Senate resolution.

“Do Nothing Democrats allow Republicans Zero Representation, Zero due process, and Zero Transparency,” the president wrote on Twitter. “Does anybody think this is fair?”

The Democrats allege that in order to pressure Zelensky, Trump placed a temporary hold on military aid to Ukraine. All of the witnesses who have testified to date say that Ukrainian officials were unaware of the hold until one month after the Trump–Zelensky phone call.

Source: The Epoch Times

AG Barr Is Ramping Up His Probe Of CIA, FBI Activities In 2016 | Daily Caller

Editor’s Note: Finally we have a Department of Justice willing to look into the sources of this debacle against the President to get to the bottom of who’s responsible and should be held accountable for “conspiring” to unseat a duly elected President of the United States. Furthermore, the President has every right to defend himself in an impeachment proceeding in the Senate should that actually occur and present facts towards his defense.

Attorney General William Barr has met with foreign intelligence officials, including during a trip to Italy earlier in September, regarding an investigation into surveillance activities against the Trump campaign, The Washington Post reported.

Barr was joined in the meeting by John Durham, the U.S. attorney in Connecticut, WaPo reported, citing anonymous sources familiar with the matter.

“As the Department of Justice has previously announced, a team led by U.S. Attorney John Durham is investigating the origins of the U.S. counterintelligence probe of the Trump 2016 presidential campaign,” department spokeswoman Kerri Kupec told Politico in a statement. “Mr. Durham is gathering information from numerous sources, including a number of foreign countries. At Attorney General Barr’s request, the President has contacted other countries to ask them to introduce the Attorney General and Mr. Durham to appropriate officials.”

Barr tapped Durham earlier in 2019 to lead a broad investigation into FBI and CIA activities in the run-up to an investigation into whether the Trump campaign colluded with the Russian government.

He has said he is concerned that intelligence agencies improperly spied on the Trump campaign and has said he wants to find out if the FBI and CIA directed any intelligence-gathering activities at Trump associates before July 31, 2016, which is when the bureau opened its counterintelligence investigation of the Trump campaign.

President Donald Trump said May 24 he hoped Barr would reach out to British and Australian officials as part of the investigation.

Barr took up the probe after the end of the special counsel’s investigation, which failed to establish that the Trump campaign conspired with Russia to influence the 2016 election. The special counsel also said there was no evidence that Trump associates acted as agents of Russia.

Barr has already made requests of British intelligence officials, according to WaPo. The Associated Press also reported that Trump asked Australian Prime Minister Scott Morrison to work with Barr on the investigation. A Justice Department official told the AP that Barr asked Trump to make the request of Morrison.

The Justice Department declined comment for WaPo’s story.

The Australian government provided the tip in July 2016 that led the FBI to open the counterintelligence investigation into the Trump campaign.

Source: Daily Caller

DOJ says Trump contacted foreign countries to assist Barr’s Russia inquiry | The Hill

Editor’s Note: The hypocrisy of our elected representatives never ceases to amaze and dazzle. Whereas the Democrats have accused Trump and Barr of pursuing a “politically motivated investigation” to defend the President against a possible impeachment proceeding what the heck have the Democrats been doing since before Trump was elected? They’ve been building a case for impeachment since before Trump took office.

The Department of Justice (DOJ) said Monday that President Trump contacted foreign countries at Attorney General William Barr’s request to ask them for assistance in an ongoing investigation into the origins of the Russian interference probe.

“As the Department of Justice has previously announced, a team led by U.S. Attorney John Durham is investigating the origins of the U.S. counterintelligence probe of the Trump 2016 presidential campaign. Mr. Durham is gathering information from numerous sources, including a number of foreign countries,” Justice Department spokeswoman Kerri Kupec said in a statement.

“At Attorney General Barr’s request, the President has contacted other countries to ask them to introduce the Attorney General and Mr. Durham to appropriate officials,” Kupec added.

The Justice Department statement quickly followed reports that Trump had asked Australia’s prime minister during a recent phone call to assist Barr in gathering information for the Russia inquiry and that Barr had held meetings overseas in Italy seeking the country’s help. Barr has also reportedly requested assistance from British intelligence officials in connection with the inquiry.

Democrats have accused Trump and Barr of pursuing a politically motivated investigation. Trump railed against former special counsel Robert Mueller’s probe as a “witch hunt” and has at times claimed the investigation into his campaign’s links to Russia was “illegal.”

White House spokesman Hogan Gidley said Monday that Barr asked Trump to “provide introductions to facilitate” the ongoing investigation, accusing Democrats of not wanting “the truth to come out.”

“This call relates to a DOJ inquiry publicly announced months ago to uncover exactly what happened,” Gidley said in a statement Monday. “The DOJ simply requested that the President provide introductions to facilitate that ongoing inquiry, and he did so, that’s all.”

Barr said earlier this year that he planned to investigate the intelligence collection on the Trump campaign to determine whether it was “adequately predicated.” Trump has given Barr sweeping powers in the investigation, including allowing the attorney general to declassify and release documents related to the probe.

The review spearheaded by Durham, the U.S. attorney in Connecticut, is separate from the Justice Department inspector general’s investigation into the FBI’s surveillance of ex-Trump campaign adviser Carter Page, on which a report is currently being prepared.

Mueller concluded his investigation in March; the former special counsel did not find sufficient evidence to accuse members or associates of Trump’s campaign with conspiring with Russia to interfere in the 2016 election.

The investigation ensnared six Trump associates on financial, false statements and other charges.

The revelations about Trump’s phone conversation with Australia come amid ongoing controversy over a July 25 call with Ukrainian President Volodymyr Zelensky during which Trump encouraged Zelensky to investigate 2016 election interference and unsubstantiated allegations about former Vice President Joe Biden, a 2020 Democratic presidential candidate.

A rough transcript of the call released by the White House showed that Trump offered to put Zelensky in touch with Barr and Trump’s personal attorney Rudy Giuliani.

The DOJ said last week that Barr did not learn of the call until several weeks after it took place and that the attorney general had not communicated with the Ukrainian government. The Justice Department also acknowledged that “certain Ukrainians” not part of the country’s government had volunteered information to Durham and that he was reviewing it.

The Zelensky call, which triggered an intelligence community whistleblower complaint, is at the heart of House Democrats’ impeachment inquiry into Trump announced last week by Speaker Nancy Pelosi (D-Calif.).

Trump has insisted he did nothing wrong on the call, and his aides have dismissed allegations raised by the whistleblower that Trump was using his office to pressure a foreign government to help his reelection.

Source: The Hill

Democrats and Republicans Aren’t just Divided. They Live in Different Worlds | The Wall Street Journal



Click on Image or Source to View Visual Analysis…

Thom Tillis calls for Senate to investigate Fed independence | Politico

Editor’s Note: As a sovereignty educator for over twenty years I taught millions of people about the Federal Reserve, how it was created, the nature of money, banking, etc., and how this forever altered our constitutional Republic. That anybody in the Senate, except Former Congressmen Ron Paul and President Trump, is talking about Federal Reserve independence is good news for the Republic.

Republican Sen. Thom Tillis is calling for the Senate Banking Committee to probe the Federal Reserve’s independence after a former agency official suggested the upcoming presidential election “falls within the Fed’s purview” as it considers whether to cut interest rates.

Tillis, who is up for reelection next fall in swing state North Carolina, is siding with President Donald Trump in his ongoing feud with Federal Reserve Chairman Jay Powell. Bill Dudley, a former president of the Federal Reserve Bank of New York, wrote in a Bloomberg op-ed that the Fed should consider refusing to offer new economic stimuli because doing so could encourage Trump to plunge further into a trade war with China and would “reassert the Fed’s independence by distancing it from the administration’s policies.”

Tillis said he plans to ask the Banking Committee’s chairman, Sen. Mike Crapo (R-Idaho), about convening a hearing “regarding Fed independence and the danger of this institution taking unprecedented and inappropriate steps to meddle in the presidential election.”

“I am very disappointed that former Fed monetary Vice Chairman Bill Dudley is lobbying the Fed to use its authority as a political weapon against President Trump,” Tillis said in a statement. “The President is standing up for America against China after 30 years of our country and our workers being ripped off and there is now an effort to get the Fed to try to sabotage the President’s efforts.”

Senate Republicans generally stay out of Federal Reserve politics, but Tillis is aligning himself closely with Trump as he faces a primary challenge and a potentially difficult general election. The first-term senator previously supported a bill protecting special counsels, including Robert Mueller, and initially opposed Trump’s declaration of a national emergency on the southern border. He later supported it and has generally not deviated from Trump since.

The president has berated Powell, whom he appointed, for declining to further slash interest rates.

“The only problem we have is Jay Powell and the Fed,” Trump tweeted last week. “He’s like a golfer who can’t putt, has no touch. Big U.S. growth if he does the right thing, BIG CUT — but don’t count on him! So far he has called it wrong, and only let us down.”

The repeated attacks motivated Dudley to wade into the dispute and implore Powell to consider standing firm. He argued that the Federal Reserve’s desire to stay out of politics was admirable “but Trump’s ongoing attacks on Powell and on the institution have made that untenable.”

“Central bank officials face a choice: enable the Trump administration to continue down a disastrous path of trade war escalation, or send a clear signal that if the administration does so, the president, not the Fed, will bear the risks — including the risk of losing the next election,” Dudley wrote. “Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives.”

Source: Politico