Can Trump Fire Fed Chairman Powell? Yes,
He Can — And Should
Posted By: 4250Luis, 7/17/2025 4:41:03 AM
Will President Donald Trump soon fire Federal Reserve Chairman Jerome Powell, as is now hotly rumored? And do you care? If not, maybe you should. Because at this moment, the Fed chief seems to think he has to re-fight the inflation battle he lost three years ago. And his refusal to cut rates is starting to choke our economy. Make no mistake: Having lost the confidence of the president who appointed him, Powell should resign. As a matter of practical stewardship of the nation’s central bank, Powell’s effectiveness as a financial leader has been called into question. Time to go. But Powell’s defenders bizarrely argue that Fed chairmen can’t be fired.
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4250Luis"
The World Woke Up
8 replies
In less than six months, the entire world has been turned upside down. There is no longer such a thing as conventional wisdom or the status quo.
The unthinkable has become the banal.
Take illegal immigration -- remember the 10,000 daily illegal entries under former President Joe Biden?
Recall the only solution was supposedly "comprehensive immigration reform"--a euphemism for mass amnesties.
Now, there is no such thing as daily new illegal immigration. It simply disappeared with common-sense enforcement of existing immigration laws -- and a new president.
Just weeks after the US-Israeli victory over Iran, President Donald Trump and Prime Minister Benjamin Netanyahu show no signs of resting on their laurels.
Indeed, the two leaders appear determined not just to halt Iranian nuclear proliferation, but to fundamentally remake the region for the better.
When I served as secretary of state in the first Trump administration, our team recognized that the toxic dynamics of the Middle East could only be reshaped by demonstrating that shared interests can overcome historical grievances and weaken bad actors.
Iran, we knew, has been the primary source of bloodshed and instability since the mullahs came to power in 1979.
Abbas cannot have forgotten the atrocities Hamas committed against his men during the 2007 coup. Some of his loyalists were dragged to the streets and lynched, while others were thrown from the high floors of tall buildings.
In addition to the 2007 coup, Hamas, a few years later, was caught planning a second coup to try to take over the West Bank as well as the Gaza Strip.
The calls for Hamas to "join political action" actually aim to legitimize the terror group and present its leaders as a bunch of politicians seeking seats in parliament and jobs in government,
White House border czar Tom Homan said on Wednesday that the Trump administration is considering possible changes to its immigration enforcement policy as it relates to farm and hospitality workers.
In an interview on NewsNation’s “Cuomo,” Homan said people in the White House are talking about various policy solutions and he expects he could see an announcement sometime soon. “I know the Department of Homeland Security, along with the Department of Labor, and the Department of Agriculture are talking about policy changes now,” Homan said. “I mean, the president’s committed: there will be no amnesty,
The Department of Justice (DOJ) has fined a Mississippi-based company for favoring foreign workers on H-2A visas over American job applicants. This week, the DOJ announced a settlement agreement with H2A Complete II Inc., a Mississippi firm that specializes in funneling foreign H-2A visa workers to United States farms after the department’s prosecutors found that Americans were being discriminated against.
“American workers seeking jobs in their own country deserve priority,” Attorney General Pam Bondi said. “This Department of Justice will continue to protect our country’s workers from unlawful discrimination in favor of foreign nationals.”
Will President Donald Trump soon fire Federal Reserve Chairman Jerome Powell, as is now hotly rumored? And do you care? If not, maybe you should. Because at this moment, the Fed chief seems to think he has to re-fight the inflation battle he lost three years ago. And his refusal to cut rates is starting to choke our economy.
Make no mistake: Having lost the confidence of the president who appointed him, Powell should resign. As a matter of practical stewardship of the nation’s central bank, Powell’s effectiveness as a financial leader has been called into question. Time to go.
But Powell’s defenders bizarrely argue that Fed chairmen can’t be fired.
The Senate voted early Thursday to claw back $9 billion in federal funding for global aid programs and the Corporation for Public Broadcasting, sending the package requested by President Trump to the House for a final vote.
The 51-48 vote on what’s known as a rescissions package is a victory for Trump, who has vowed to shrink the size of the federal government, and who has come under fire from Democrats for adding a projected $3.3 trillion to the debt over the next decade by signing his One Big, Beautiful Bill Act into law earlier this month.
My colleague Bob Hoge reported on some of the comments that Rep. Debbie Wasserman-Schultz (D-FL) made during her visit to "Alligator Alcatraz." She was shocked that people held in detention were held in - wait for it - cages. As Bob explained, what does she think a detention center/prison/jail is? It's not the Ritz. It's an enclosed barracks set up. But she wasn't at all concerned with the conditions under Joe Biden when illegal aliens were held in worse conditions and yes, in cages.
The Supreme Court is allowing President Donald Trump to put his plan to dismantle the Education Department back on track — and to go through with laying off nearly 1,400 employees.
With the three liberal justices in dissent, the court on Monday paused an order from U.S. District Judge Myong Joun in Boston, who issued a preliminary injunction reversing the layoffs and calling into question the broader plan. The layoffs “will likely cripple the department,” Joun wrote. A federal appeals court refused to put the order on hold while the administration appealed.
Democrats have been flooding the airwaves and social media with desperate messages trying to paint the ICE raids on a California marijuana farm as proof that the Trump administration is comprised of Nazis who want to punish hard-working, law-abiding crop pickers who are just trying to “feed the nation.”
In reality, many of the illegal alien workers picked up were inadvertently trying to get the nation stoned, and multiple instances of forced illegal child labor were uncovered. Golden State Gov. Gavin Newsom stayed busy, of course, preening for the cameras as he readies his expected 2028 presidential run.
‘Beautiful’ or ‘Ugly,’ Trump’s
big bill shapes the battle for House control
in 2026 midterms 6 replies
big bill shapes the battle for House control
in 2026 midterms 6 replies
Debate over President Donald Trump’s sweeping budget-and-policy package is over on Capitol Hill. Now the argument goes national.
From the Central Valley of California to Midwestern battlegrounds and suburban districts of the northeast, the new law already is shaping the 2026 midterm battle for control of the House of Representatives. The outcome will set the tone for Trump’s final two years in the Oval Office.
Democrats need a net gain of three House seats to break the GOP’s chokehold on Washington and reestablish a power center to counter Trump. There’s added pressure to flip the House given that midterm Senate contests are concentrated in Republican-leaning states,
Uh oh. Democrat swamp rat Jamie Raskin has jumped on the Epstein conspiracy bandwagon, demanding AG Pam Bondi, FBI Director Kash Patel and his deputy Dan Bongino testify to Congress about the so-called Epstein files.
After five days of escalating hysteria and chest-beating, including ultimatums to the president to “fire Blondi,” MAGA “influencers” have found themselves on the same side as Raskin, which, needless to say, is the wrong side.
While the whole episode has been handled clumsily by the Trump officials, it is not so difficult to believe that FBI vaults have been scrubbed of meaningful Jeffrey Epstein conspiracy information or never had any,
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The media’s desire to make themselves the main character in the story reached the Platonic level on Wednesday as CBS correspondent Scott MacFarlane joined former moderator of NBC’s Meet the Press, Chuck Todd, on his appropriately named podcast: The Chuck Toddcast. According to MacFarlane, he was diagnosed with PTSD after the first assassination attempt against President Trump, not because of the shooting, but because of the reaction of Trump supporters. Meanwhile, Todd thought this was a completely reasonable thing to claim.
MacFarlane recalled, “For those of us there, it was such a horror because
California Gov. Gavin Newsom claimed that he did not want to bulldoze the remains of burned-down Palisades houses and replace them with low-income housing. But that is apparently exactly what he’s doing now, with the help of the California legislature—and Donald Trump’s special missions envoy is furious.
Richard Grenell accused Newsom of lying about his fire recovery goals. Newsom had scoffed, “The claim that the Governor wants to bulldoze fire victims’ neighborhoods and replace them with ‘affordable housing’ is absurd.” But he just announced over $100 million for building low-income housing in the area of the Palisades and other burned areas, as a bill moves through the California
On Thursday’s broadcast of CNBC’s “Squawk Box,” Sen. Elizabeth Warren (D-MA) said that the government grocery store plan from New York City mayoral candidate Assemblyman Zohran Mamdani (D) is “a new and fresh plan for New York City. But it’s been tried in other cities around the country and has had some real successes.”
Warren stated that Mamdani “said, we’ve got a problem with entire food deserts where people can’t get access to grocery stores. He said, I’d like to take a look at whether or not we can have some kind of — like we do on military bases — you have some kind of support from the city government
After more than three decades on air, CBS announced on Thursday that its famed "Late Show" franchise is coming to a close.
"The Late Show with Stephen Colbert" will officially come to an end in May 2026, according to the network, which said the decision to end the show was a financial one.
"This is purely a financial decision against a challenging backdrop in late night," George Cheeks, the president of CBS and co-chief executive of Paramount, CBS's parent company, wrote in a press release. "It is not related in any way to the show's performance, content or other matters happening at Paramount."
Zohran Mamdani is running for mayor of New York City at exactly the right time in American history. The confluence of a shattered Democratic Party, an electorate wild for change, and a bitterly divided opposition will make the 33-year-old socialist the next mayor of New York City.
As long as he doesn't self-destruct, that is.
We're going to see if Mamdani can keep his foot out of his mouth in the next three and a half months and avoid making his support of an "intifada" against Jews any larger of a campaign issue than it already is. Otherwise, there doesn't appear to be anything that can stop his election victory.
Salem Radio host Charlie Kirk peeled back the layers of the ongoing controversy surrounding the Epstein files. President Trump went nuclear on those pressing what he calls the Epstein hoax. Kirk expounded extensively on what he thinks is the rationale behind Trump’s moves on this matter. It’s worth a listen. In short, Trump doesn’t want a repeat of 2017, when he had to essentially quarantine his attorney general, which led to the Mueller probe and the derailing of his first administration. Kirk argues that’s not what the base wants;
California's embattled high-speed rail project suffered a major setback after Transportation Secretary Sean Duffy announced the termination of $4 billion in unspent federal funding by the Federal Railroad Administration (FRA).
Citing 16 years of failure, no completed high-speed track, and escalating costs, Duffy declared the project, dubbed the "train to nowhere," a mismanaged and over-budget "boondoggle."
"This is California’s fault. Governor Newsom and the complicit Democrats have enabled this waste for years. Federal dollars are not a blank check – they come with a promise to deliver results," Duffy said in a statement.
Alan Dershowitz, a renowned constitutional lawyer and former counsel for Jeffrey Epstein, who has been a thorn in the side of the party he votes for when it comes to all things Trump, is spilling his guts about Epstein. So let's dig through the entrails and see what he is talking about. Dershowitz claims that there is no list, which makes sense. My mother used to play the daily numbers with a bookie while working in a factory back in the 1980s. She once asked the bookie why he doesn't write down the numbers. He told her a written list could send him to jail,
Labour government announces wrecking amendment to Britain’s Voter ID law by removing photo identification requirement, and slashes voting age from 18 to 16.
Under international and UK law, a child is any person below the age of 18, but by the time of the next UK General Election those age 16 and 17-years-old will be legally allowed to vote for their next Member of Parliament and won’t need photo-ID to do it, the Labour government has announced.
Angela Rayner, Sir Keir Starmer’s deputy prime minister, heralded the change by saying “For too long public trust in our democracy has been damaged and faith in our institutions has been allowed to decline”,
The fake hit pieces by the Murdoch Family tabloids never seem to stop.
As Cristina Laila reported earlier, The Wall Street Journal published a hit piece on President Trump on Thursday night involving Jeffrey Epstein.
President Trump responded to the disgusting hit piece moments ago on Truth Social.
President Trump: The Wall Street Journal, and Rupert Murdoch, personally, were warned directly by President Donald J. Trump that the supposed letter they printed by President Trump to Epstein was a FAKE and, if they print it, they will be sued. Mr. Murdoch stated that he would take care of it but, obviously, did not have the power to do so.
Schiff, Warren demand to know if CBS is
ending Stephen Colbert's 'Late Show' for
'political reasons' 19 replies
ending Stephen Colbert's 'Late Show' for
'political reasons' 19 replies
Sen. Adam Schiff, D-Calif., and Sen. Elizabeth Warren, D-Mass., said the public "deserves to know" whether CBS’s decision to cancel "The Late Show with Stephen Colbert" on Thursday was politically motivated. "Just finished taping with Stephen Colbert who announced his show was cancelled. If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better," Schiff wrote. (Snip) Warren added, "CBS canceled Colbert’s show just Three Days after Colbert called out CBS parent company Paramount for its $16M settlement with Trump – a deal that looks like bribery. America deserves to know if
A “bawdy” letter to Jeffrey Epstein bearing President Donald Trump’s signature was included in an album of letters Epstein received for his 50th birthday in 2003, The Wall Street Journal reported on Thursday evening, citing documents reviewed by the newspaper.
The letter, which the Journal said Trump sent at the request of Epstein’s friend Ghislaine Maxwell, would have been written 16 years before the Justice Department charged the now-dead Epstein with child sex trafficking in 2019, during Trump’s first term in office.
The missive, which Trump denied having written, came to light as the president angrily tries to tamp down