Trump’s Persecution of Jerome Powell Is Even Crazier Than It Looks

The Trump administration is carrying out a corrupt prosecution of Federal Reserve chair Jerome Powell, according to the man himself. In a video posted to official Fed social media accounts on Sunday, Powell said: “This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings … Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public...