Federal Reserve Chair Jerome Powell gives his thoughts on inflation risks, the economy, the timeline for cutting rates, the health of the country’s banks and...
He could certainly make a suggestion. Congress is the one that has us on an unsustainable path and he has no problem pointing that out; so why not a solution?
Because he’s being paid not to
He’s also a bureaucrat, not an elected official who can change the tax laws. He literally has no standing when it comes to making laws.
He could certainly make a suggestion. Congress is the one that has us on an unsustainable path and he has no problem pointing that out; so why not a solution?
And elected officials would have a fit if he did, 'cause it’d be crossing into their legal territory.