… legislative language if it is so important and in keeping with the constitutional directive to Congress to “regulate the money.” Indeed, the Humphrey-Hawkins Act calls for “improved coordination among the President, the Congress, and the Board of Governors of the Federal Reserve System.” By the way, the Fed says it is independent government agency but nevertheless accountable to Congress since the Fed chair testifies before Congress twice a year. But Powell was due to present that monetary report in mid-February…and has refused to do so in a fit of pique, despite entreaties from Capitol Hill. So much for honoring even the ritual of supposed accountability let alone rule of law.kudos to judy shelton for exposing powell/tillis bs and ignorant and satanic media showering us with it. https://t.co/DqmQ3HX6rv
— Barbara M Boyd (@BarbaraMBoyd) April 30, 2026
Jerome Powell said he plans to remain on the board of the Federal Reserve after his term as chair ends next month ‘for a period of time, to be determined,’ saying the ‘unprecedented' legal attacks by the Trump administration have put the independence of the Fed at risk. pic.twitter.com/OAtHFPHTor
— The Associated Press (@AP) April 30, 2026
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