AOC, Tlaib, Pressley “Urge” Biden To Replace Fed Chair With Someone Focused On “Climate Change” And “Racial Justice”
Excited at the prospect of gold at $10,000 and Bitcoin at $1,000,000 in short order? Here’s one way it could happen.
The collective brain trust that is Reps. Alexandria Ocasio-Cortez, Rashida Tlaib and Ayanna Pressley, has once again come together to hoist upon the populace their latest idea for turning the United States into their vision of a socialist utopia.
Today’s installment in “real congresswomen of genius” includes the “squad” urging President Biden to replace arguably the most dovish Fed chair in modern history because he isn’t doing enough about climate change, which of course, has nothing to do with the Fed’s dual mandate. All three women (of course) sit on the House Financial Services Committee.
In a statement to Politico, the Reps. said: “As news of the possible reappointment of Federal Reserve Chair Jerome Powell circulates, we urge President Biden to re-imagine a Federal Reserve focused on eliminating climate risk and advancing racial and economic justice. We urge the Biden Administration to use this opportunity to appoint a new Federal Reserve Chair.”
AOC said of Jerome Powell: “Under his leadership, the Federal Reserve has taken very little action to mitigate the risk climate change poses to our financial system.”
“At a time when the Intergovernmental Panel on Climate Change is warning of the potential catastrophic and irreversible damage inflicted by a changing climate, we need a leader at the helm that will take bold and decisive action to eliminate climate risk,” their statement said. – READ MORE