🚨 FURIOUS Powell Pulls NUCLEAR OPTION on Trump in FINAL ADDRESS!!

Donald Trump was just hit with nightmare. news as the Federal Reserve Chairman. Jerome Powell just went nuclear on him. The announcement today was Jerome. Powell's last address regarding the. interest rates and whether they would be. cut or not. The Fed ultimately decided. to leave interest rates unchanged, but a. statement that came out from the Fed is. very telling. Whereas previously, the. way inflation was described was somewhat. elevated. Right now, inflation is being.

described as actually elevated. And then. when Federal Reserve Chairman Jerome. Powell spoke, he said a number of things. demonstrating just how catastrophic. Donald Trump has been for the economy, making the dual mandate of the Federal. Reserve virtually impossible as Trump. has created essentially a stagflation. environment. Notably, Federal Reserve. Chairman Jerome Powell also stated that. the legal action and the attacks on the.

Federal Reserve by the Trump regime are. unprecedented in the institution's. history, and Jerome Powell says that he. fears for the independence of the Fed. Powerful words indeed, and Chairman. Powell also said that when his term ends. in May, as it's about to end, and a new. Federal Reserve Chairman, it's going to. be that guy Warsh who was hanging out. with Epstein, he's in the Epstein files, when he becomes the new chairman of the. Federal Reserve, Powell said, "I'm not.

leaving." This is the first time that. the chairman of the Federal Reserve has. not left since 1948. after filling their to fulfilling their. term as the chairman of the Federal. Reserve. Often times, you go into. retirement, and you don't just stay on. as a Federal Reserve governor. But he. goes, "No, I'm going to stay on. I'm. going to do my job quietly." Because he. fears for the independence of the Fed. And he also knows that if he leaves, Donald Trump is likely going to continue. to attack him. So, he goes, "Nope, I'm. going to stay and I'm going to see this.

out." I want to show you specifically. what Federal Reserve Chairman Jerome. Powell was saying at his last address. regarding interest rate cuts, where he. said, "No interest rate cuts." Also, it. certainly doesn't seem that there's. going to be interest rate cuts anytime. this year. I can't even imagine next. year. I think if anything, interest. rates will likely be raised next year. And if you're saying, "Well, Ben, isn't. Donald Trump picking his guy to be the. chairman? And aren't they going to all. then lower the interest rates?" They. really don't have the votes for that. overall, especially if Jerome Powell is.

staying on, which he's doing cuz he. doesn't trust the Trump regime. And when. you look at PCE inflation right now, it's at 3.5% year-over-year in March, with core PCE at 3.2%. with near-term inflation expectations. having moved higher, while long-term. expectations do remain consistent with a. 2% target, but that target keeps getting. moved back and back and back and back as. Donald Trump keeps on engaging in. conduct that's causing inflation. Here's.

what Jerome Powell said during his press. conference, where he goes, "Energy. prices haven't even come close to. peaking yet." Here, let's play this. clip. Um for a long time, we've been. working on on the hypothesis, really, that tariff tariffs would would lead to. a one-time price increase and that that. would go away over time. In other words, that there would be no further change, so measured inflation wouldn't reflect. that higher level going up more and. more. And it's time for that to happen. You.

know, we really do expect that to be. happening. in the next two quarters. So, we'll be. watching very carefully to see that what. we've thought all along would happen. That's the kind of critical part of the. forecast. We we need to really see that. With with energy, it's it's so hard to. say. Um I I mentioned, you know, in you. know, sort of the textbook, you you. would look through it an oil shock. because they tend to be short-lived and. they tend to revert. And monetary policy. works with long and variable lags, so. you know, you wouldn't necessarily react.

right away. I think that is all the more. true given that we're several years. above 2% inflation and that we're. already looking through the tariff. shock. So, I think we're going to be. very cautious about that. It's But the. the question about about looking through. energy really is not not in front of us. right now. We It hasn't even peaked yet. And I think we'd want to see the. backside of that and progress on tariffs. before we even thought about. about reducing rates. So, if I could. follow up More from Jerome Powell here. who says that he's got deep concerns.

regarding the independence of the Fed. that are unprecedented in the history of. the Federal Reserve. Play this clip. Thank you, Mr. Chair. I appreciate the. kind words about the press. Often. doesn't come from the podium in. different places, but I appreciate that. Um can you talk about what is gone into. your decision to remain on the board? What kind of criteria are you weighing. and how long might you stay? Thank you. Sure. So, >> [clears throat]. >> you know, my concern. is really about the series of legal. attacks on the Fed, which threaten our. ability to conduct monetary policy.

without considering political factors. And I I want to note here, this has. nothing whatever to do with verbal. criticism by elected officials. Uh I I've never suggested that such. verbal criticism is a problem and. neither has anyone else here. But these legal actions by the. administration are unprecedented in our. 113-year history and there are ongoing. threats. of additional such actions. I I worry. that these attacks are battering the. institution and putting at risk the. thing that really matters to the public,

which is the ability to conduct monetary. policy without taking into consideration. political factors. It is so important for our economy, for. the people that we serve, that they can. depend over time on a central bank that. operates that way, free of political. influence. It's part of the absolute foundation of. this amazing economy that we have. It's. just one of the many reasons why the US. economy is the envy of the world. That. piece of institutional architecture. separates successful countries from. unsuccessful countries. It is extremely.

important, not for the people who work. at the Fed at any given time, but for. the people that we serve, that the Fed. remain able to conduct monetary policy. in a way that doesn't get pulled into. politics trying to help or hurt any. particular politician or political. party. It's critical for the people that. we serve. In terms of when I would. leave, I I will leave when I when I. think it's appropriate to do so. Was. that all your questions or was that. >> Well, I just have. >> Then Chairman Powell talks about the. real catastrophic inflation situation. we're in now because of Donald Trump and.

his regime. Here, play this clip. Inflation has moved up recently and is. elevated relative to our 2% longer-run. goal. Estimates based on the Consumer Price. Index and other data indicate that total. PCE prices rose 3.5% over the 12 months. ending in March, boosted by the significant rise in. global oil prices that has resulted from. the conflict in the Middle East. Excluding the volatile food and energy. categories, core PCE prices rose 3.2%.

over the 12 months ending in March. This relatively high rate largely. reflects the effects of tariffs on. prices in the goods sector. Near-term measures of inflation. expectations have risen this year, likely because of the substantial rise. in oil prices. Powell further talks. about how inflation has moved up. Let's. play this clip. Inflation has moved up. and is elevated, in part reflecting the. recent increase in global energy prices. Today, the FOMC decided to leave our.

policy rate unchanged. We see the current stance of monetary. policy as appropriate to promote. progress toward our maximum employment. and 2% inflation goals. Developments in the Middle East are. contributing to a high level of. uncertainty about the economic outlook, and we will remain attentive to risks to. both sides of our dual mandate. And he talks about how there's been a. slowdown in job growth. One major One. major driver is Trump's attack on. immigrants. That's a major part of the.

labor force. But another major part is. just stagnant job growth in general. Trump is a loser when it comes to jobs. Here, play this clip. A good part of the slowing in the pace. of the job growth over the past year. reflects a decline in the growth of the. labor force. due to lower immigration and labor force. participation, though labor demand has clearly softened. as well. Other indicators, including job. openings, layoffs, hiring, and nominal. wage growth, generally show little.

change in recent months. And I've long. said this, folks. We are in a jobs. recession right now. You don't need to. hear it from me. You know we're in a. jobs recession right now. But I'm only. talking about manufacturing jobs, and. across the board, jobs are Trump hasn't. created any new jobs. You remember under. former President Biden, we're on a. month-to-month basis, be like 300,000. new jobs were created, 200,000 new jobs, 400,000 new jobs created. Regardless of. the later adjustments, massive jobs were. created, the most in American history.

The most jobs in American history under. any presidency, objectively, they were created under former President. Biden than Donald Trump. He's like, "I'm. going to do it better. I'm going to do. it better. Just give me 2 weeks." And. then Donald Trump not only made it. worse, but just like Trump's first term, where he was a job-losing president, oops, he did it again, cuz he's a. lifelong loser who bankrupts things. More on Jerome Powell right here, who. said he's not leaving the board, the. Federal Reserve Board. Play this clip. >> I welcomed the announcement. [clears throat] last Friday by the US. attorney for the District of Columbia.

that she had closed the criminal. investigation. She also noted, however, that she would. not hesitate to restart the. investigation. Over the weekend, the Department of. Justice provided assurances that they. will not reopen the investigation unless. there's a criminal referral from the. Fed's Inspector General. And absent such. a referral, if they do appeal the recent. court decision, they would not seek as. part of that appeal to restart the. investigation or send new subpoenas.

>> [clears throat]. >> I've said that I will not leave the. board until this investigation is well. and truly over with transparency and. finality. And I stand by that. I'm encouraged by recent developments. and I'm watching the remaining steps in. this process carefully. My decisions on these matters will. continue to be guided entirely by what I. believe is in the best interest of the. institution and the people we serve. After my term as chair ends on May 15, I. will continue to serve as a governor for. a period of time.

to be determined. I plan to keep a low profile as a. governor. There's only ever. >> [clears throat]. >> one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn. in, he will be that chair. Once sworn as board chair, his new. colleagues will elect him to chair the. FOMC as well. And he's like, let me be. clear. I'm literally staying because of the. actions being taken against me and the. Federal Reserve in general. He goes, I. was planning on retiring, but because of.

these actions, that's what inspired me. to stay cuz I feel that I have an. obligation to protect the independence. of this thing. So, I'm going to make a. sacrifice and stay on. Here, let's play. this clip. What would you say to the. criticism that by remaining on the. board, you're actually taking a. political act in denying. President Trump the majority of the. board which as president he would have. if you left? I I don't see that at all. As I. mentioned, you know, I'm literally staying because. of the actions that have been taken. I. had long planned to be retiring. And.

you know, the things that have happened. in really in the last 3 months of. I think left me no choice but to stay. until till I see them through at least. that long. Um you know, in addition, I don't see how this will interfere. My. intention is not to interfere. You know, And folks, you know the price at the gas. right now is atrocious. The average. price for a gallon of gas in the US is. now rising to $4.23. a gallon. I mean, out here in. California, it's like six bucks.

Um it's the highest since 2022. nationally right now. Brent crude oil prices officially surged. their highest level of the Iran war and. $119.50. per barrel. So, in the entire war right now, the. entire thing, we're at $119.50. And this comes as Donald Trump also was. like, I love the blockade. Genius. We're. just going to do the blockade forever. This puts Brent crude oil prices at. their highest level since 2022. The IEA.

has called this the biggest energy. security threat in history. And as I. noted before, the Fed is no longer. expected to do any interest rate cuts in. 2026. And if Donald Trump just did. freaking nothing, if he did nothing, if. he just let Biden's economy go on. overdrive, it's why I say my little. daughter Jimena would have done a better. job than Donald Trump cuz she would have. just listened to Elmo and Abby all day. And. And there wouldn't have to be all of the. moves that hurt. Seriously, my.

18-month-old would do better than Donald. Trump in the presidency because she'd. just be watching Elmo and Miss Rachel. But Donald Trump screwed it all up, all. of his moves. Now we can't do rate cuts. Now we're losing jobs. Now we're back in. inflation. Where everything was moving. in the right direction. While all of. that's taking place, Donald Trump was in. the Oval Office saying, I love the. blockade. Genius. The blockade is a. genius. Listen to what he said. Here, play this clip. >> Well, the blockade is genius, okay? The. blockade has been 100% foolproof. It. shows how good our Navy is, I can tell.

you that. Nobody's going to play games. We have the greatest military in the. world, and I built much of it during my. first term, and we've been building it. since, and. the greatest anywhere in the world, nobody even close. And. and you see that every whether it's. Venezuela, which to and they have a good military. in Venezuela, but it was over in one. day. It was actually over in about 48. minutes. Uh. Iran, the same thing. I mean, militarily, we've wiped them out. They. have no military left. They're they're.

It's all the Navy's at the bottom of the. sea. The Air Force is never going to fly. again. Uh. we've we've got an amazing military. Now. we Now they have to cry uncle. That's. all they have to do, just say, "We give. up.". "We give up." So utterly despicable. Let. me know what you think. Hit subscribe. Let's get to 7 million subscribers. You. may think you're subscribed, but you may. not actually be subscribed, so. double-check. Help us hit 7 million. subscribers. Thanks for watching, y'all. Want to stay plugged in? Become a.

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