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The Next Global Banking Crisis is Here

The David McWilliams Podcast

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The Importance of Treasure in the Global Banking System

President Clinton, President Obama and President Biden all reappointed the Republican appointed head of the Fed. Republicans never do that. You're going to find a Democrat, you're gone. As soon as your term ends as Fed chairman. So I don't know if people recall, but seven years ago, Trump was going nuts, demanding that Powell massively cut interest rates. And so Trump left him in power. Why in God's name Biden would leave Powell, being to reappoint him? Isn't it?

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