Fannie Mae-No Politics (FNMA)

[Rodney5]

Quote: “So, I’m not gonna talk about private conversations,” she replied. “But what I will say is I made it very clear as publicly as humanly possible that I didn’t think that he should be reconfirmed as chair of the Fed. And I think he’s doing a really terrible job.”

Tapper asked the senator if she thinks the U.S. is headed for a recession.

“I think that that is where Jerome Powell is trying to drive it,” Warren responded.

“You think he’s purposely trying to drive it to a recession?” said Tapper, taken aback.

“Well, what he’s trying to do is get two million people laid off,” she answered. “And one of the things that we need to understand, he wants to raise the unemployment rate by more than a point within a single 12-month period. We have done that before in this country. In fact, we have done it 12 times before. And out of all 12 times. How many times has it resulted in a recession? The answer is 12.”

She finished her response by calling Powell “a dangerous man to have in this job.” End of Quote

Link: https://www.msn.com/en-us/money/markets/trying-to-get-two-million-people-laid-off-elizabeth-warren-calls-for-jerome-powell-s-ouster-for-trying-to-cause-a-recession/ar-AA18Xvbm?ocid=msedgdhp&pc=U531&cvid=93ef22259fe94709a1cdbabf322ebfd5&ei=19