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b_b · 401 days ago · link · · parent · post: FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank
You'll remember that Yellen wanted to raise rates in 2018 or whenever, so Trump didn't renominate her in favor of Powell. Then when Powell was like, "yeah she was right" Trump threatened to fire him, too, until he got in line. Clearly that was Murdoch whispering through Hannity directly into Trump's ear. They don't have that direct line anymore, so they have to just browbeat him in the media.