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All Three Guilty

The Young Turks

00:00

What's Happening With the Federal Reserve?

Ruben Navarrette: Jerome powell used to work for the Carlyle group, a private equity firm that specialized in hiring former government fcials and cashing in on their connections. The federal reserve has had a big roll in creating inflation in certain sectors of the economy, especially when we're talking about the housing market, he says. Navarrette asks why byden made the decision to reappoint jerome powell as the federal reserves chair. "It just exasperates the inflation that we're already experiencingich obviously going to hurt him politically even further"

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