Fed Up

There have been many cracks in the wall of Fortress Trump, but this crack is serious.

Federal Reserve Chairman Jerome Powell learned, along with the rest of us, that he is under investigation from the Injustice Department for cost overruns in the renovation of the Federal Reserve building.  He could have quietly hired a lawyer, but instead he took to the video camera and declared that Trump and Pam Bondi were after him as an act of retribution for refusing to set interest rates at Trump's desired levels.  Powell added that what Trump and Bondi are doing is interfering with the independence of the Fed.

Trump is clearly having Powell, whose term as Federal Reserve chairman ends in May, prosecuted to send a signal and a warning to Powell's successor.  Powell spoke out in bold, declarative sentences against what is happening in order to control the narrative and to make it clear that he is wrongfully accused of malfeasance.  He's right - cost overruns happen all the time.  This is a shot across the bow of the Trump regime, and while there may be more shorts across that bow before the not-so-good ship Trump is bombarded and sunk, this is an important step toward that moment.

By the way, if cost overruns of federal buildings constitute a federal offense, how come no one's after Trump for his White House ballroom addition?