Chris Whalen, chairman of Whalen Global Advisors, blamed Federal Reserve Chair Jerome Powell for the failure of Silicon Valley Bank (SVP) in a Friday interview on Forward Guidance with host Jack Farley. The Federal Reserve’s raising of interest rates “rendered the bank insolvent,” Whalen remarked. He said: Rising rates cause book value to go down
Chris Whalen: Collapse of Silicon Valley Bank ‘Goes to the Feet of Jerome Powell’ and Federal Reserve
April 6, 2023 by
President Donald Trump Nominated Jerome Powell as Chairman of the Federal Reserve .
December 5, 2017 by
Jerome Hayden Powell was born on February 4, 1953 in Washington, D.C. On November 2, 2017, President Donald J. Trump nominated Jerome (Jay) Powell to serve as the 16th chairman of the Federal Reserve. He served as a member of the Federal Reserve Board of Governors since 2012. Previously, Powell worked in several globalists Wall […]
President Trump Has Announced The Next Federal Reserve Chairman
November 2, 2017 by
President Trump nominated Jerome Powell to be the next chairman of the Federal Reserve in the Rose Garden Thursday afternoon. BREAKING NEWS: President #Trump has selected Federal Reserve board member Jerome Powell as the next chairman of the nation's central bank. pic.twitter.com/TSaLjtkcVo — Fox News (@FoxNews) November 2, 2017 Powell already sits on the Federal […]
Blasting “False Economy,” Trump Takes on the Federal Reserve
September 8, 2016 by
Taking aim at the Federal Reserve’s politically motivated manipulation of the U.S. economy, GOP presidential candidate Donald Trump blasted the controversial central bank’s artificially low interest rates. He also denounced the “very false economy” propped up by Fed monetary gimmicks. Democrat nominee Hillary Clinton, though, hit back immediately, saying Trump should not malign or even […]
Democrats in the Senate Blocked the Audit of the Federal Reserve
February 8, 2016 by
The New American magazine issue of February 8, 2016 had an article describing how Democrats in the Senate blocked the audit of the Federal Reserve (the Fed). It explained how all Democrats and one Republican in the Senate voted 53 in favor and 44 against to stop an audit of the Federal Reserve on January […]
Surprise! Iran Finds “Unexpectedly High” Uranium Reserve
September 13, 2015 by
On the heels of Obama essentially securing a nuclear deal with Iran, which was supposed to be running low on uranium, the rogue nation just happened to “unexpectedly” find the nuclear raw material. What. Luck. “I cannot announce (the level of) Iran’s uranium mine reserves,” the state news agency IRNA quoted Iranian nuclear head Ali […]