NATIONAL DISGRACE: “Too Slow” Jerome Powell Says He Refuses to Cut Interest Rates Because Inflation May Go Up Later Sometime This Year

NATIONAL DISGRACE: “Too Slow” Jerome Powell Says He Refuses to Cut Interest Rates Because Inflation May Go Up Later Sometime This Year

NATIONAL DISGRACE: “Too Slow” Jerome Powell Says He Refuses to Cut Interest Rates Because Inflation May Go Up Later Sometime This Year
June 24, 2025

On Tuesday, Federal Reserve Chairman Jerome Powell, a crazed Trump-hater, sat before the Senate Banking Committee to answer questions about his disastrous tenure as FED Chairman.

Powell told the Banking Committee that he will not cut interest rates because inflation “might rise” in the coming months.

Last week, President Trump lashed out at Jerome Powell for his refusal to lower interest rates despite the stellar US economic numbers. For some reason, Powell likes to screw working families when Trump is in office.  It’s as if he doesn’t like Trump and hates the American worker?

As you see below from a historical interest chart, “Too Late” Jerome Powell and the Fed kept interest rates extremely low at 0.25% during most of Barack Obama’s administration.

Historic US interest rates from 1984 to 2025. (Investing.com)

Then when President Trump entered office with his pro-growth policies, Jerome Powell immediately began raising the interest rates to slow down the economy. At one point President Trump in his first term could have started to pay down the US debt because of the strength of his economy. Jerome Powell raised interest rates instead to make sure that didn’t happen.

Today, despite the strength of the Trump economy, Jerome Powell refuses to lower interest rates. This is truly unexplainable, especially when you consider where America stands in relation to the rest of the world.

President Trump lashed out at Powell last Thursday, for his irresponsible and dangerous policies. Powell is targeting and punishing the American worker.

On Tuesday, before Powell’s hearing, President Trump posted this rant on TRUTH Social.

“Too Late” Jerome Powell, of the Fed, will be in Congress today in order to explain, among other things, why he is refusing to lower the Rate. Europe has had 10 cuts, we have had ZERO. No inflation, great economy – We should be at least two to three points lower. Would save the USA 800 Billion Dollars Per Year, plus. What a difference this would make. If things later change to the negative, increase the Rate. I hope Congress really works this very dumb, hardheaded person, over. We will be paying for his incompetence for many years to come. THE BOARD SHOULD ACTIVATE. MAKE AMERICA GREAT AGAIN!

Powell is the same dummy who said the record inflation was transitory during the Biden years. Inflation reached 40 year highs.

Why does this dummy still have a job?

President Trump attached this chart to his post last week.
Powell refuses to cut interest rates. He’s playing politics with American lives.

Via Midnight Rider.

The post NATIONAL DISGRACE: “Too Slow” Jerome Powell Says He Refuses to Cut Interest Rates Because Inflation May Go Up Later Sometime This Year appeared first on The Gateway Pundit.

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Author: Jim Hoft

Chicago Paper Warns New Yorkers Considering Commie Mayoral Candidate in Tuesday Primary: Just Look At Us

Chicago Paper Warns New Yorkers Considering Commie Mayoral Candidate in Tuesday Primary: Just Look At Us

Chicago Paper Warns New Yorkers Considering Commie Mayoral Candidate in Tuesday Primary: Just Look At Us
June 24, 2025

For all New Yorkers who might be considering casting their lot with socialist mayoral candidate Zohran Mamdani, the editorial board of the Chicago Tribune wants to warn them: Don’t go down the same path the Windy City did.

If you haven’t been following the New York City mayoral race — one of those off-year contests, which can often determine which path the parties are taking in the aftermath of the presidential race — Mamdani has come from 1 percent of the vote in the Democratic primary to being practically even with the odds-on favorite, former New York Gov. Andrew Cuomo.

Perhaps it’s New York voters remembering Andrew Cuomo is still Andrew Cuomo. Perhaps it’s the fact that Mamdani hasn’t killed anyone’s grandma or sexually harassed anyone’s daughter. (Yet.) Perhaps it’s the fact that the more progressive wing of the party usually turns out for these primary shindigs.

Whatever the case, an Emerson College/WPIX-TV/The Hill poll has Mamdani ultimately winning in the ranked-choice voting contest on Tuesday, according to WCBS-TV. Even though the nature of the contest makes prediction more difficult, the numbers show that Cuomo will be slightly ahead with 35 percent of the vote in the first round, compared to Mamdani’s 32 percent.

However, as candidates are eliminated one by one and their votes go to other candidates, Mamdani picks up 18 points after eight rounds, compared to only 12 points for Cuomo. Ergo, he’d win by a 50-47 percent margin in the ranked-choice balloting.

This should be a genuinely frightening prospect for anyone concerned about New York City. While one doesn’t have to root for Andy “I Kill Seniors” Cuomo, one also doesn’t have to give their support to a crypto-commie who wants to raise the minimum wage to $30 an hour, create city-owned grocery stores, arrest Israeli Prime Minister Benjamin Netanyahu, and has stood behind his prior use of the phrase “globalize the intifada,” arguing it doesn’t really mean what it says it means.

But don’t just take it from me. Take it from the board of one of Chicago’s two most prominent newspapers, which warned that these promises only spelled trouble for New York. They should know, as Chicago Mayor Brandon Johnson was elected on a watered-down version of this agenda, minus the dog-whistle anti-Semitism. Guess how that’s worked?

“Johnson is one of the most progressive mayors in the U.S., but Mamdani, inarguably, is yet more radical,” the Chicago Tribune editorial board wrote in the Monday piece.

“Most of Mamdani’s ideas are shared (at least in principle) by Mayor Brandon Johnson, and many of them are popular in blue cities. But experience has taught us here that far-left candidates do not make for effective or popular municipal executives in today’s stressful economy,” the piece noted.

“Johnson tried to float a $300 million tax hike — and failed. He tried to pass a ‘mansion tax’ that would’ve hiked the real estate transfer tax — and failed. He’s built too few affordable housing units for too much money,” it continued.

“He’s isolated himself from many of the state and federal officials he hopes will come to his financial rescue, and he’s done egregious special favors for the people who got him elected — namely, pushing an incredibly costly new contract with the Chicago Teachers Union,” the editorial noted. “He forced out a highly competent schools chief who wouldn’t cow to his desire to borrow recklessly. His city is broke, but he wants to spend more. The list goes on.”

Indeed, highlighting the lamentable state of Chicago’s schools was timely, as the head of the Chicago Teachers Union said Monday that the school district needs to take a loan to cover its half-billion dollar budget deficit.

“The budget and its choices manifest into real impact that our young people get to experience,” Chicago Teachers Union President Stacy Davis Gates, according to the Chicago Sun-Times.

“So choices about the budget left students at Julian High School in 2025 without a math teacher for nearly a year, Clemente High School without a chemistry teacher. 
 Those are not occurrences. Those are choices.”

And these are choices coming to a school near you if 1) you live in New York City and 2) Mamdani gets elected. Are you not thrilled, Gothamites? Are you not entertained?

The board warned of where this was heading.

“Johnson’s approval rating cratered in his second year — a reflection of how quickly progressive promises collapsed under the weight of governance and Chicago’s financial reality. What sounded good in theory has translated into dysfunction, driven by fiscal missteps and political inexperience,” the board wrote.

They were ultimately hopeful thanks to the probability of higher turnout than Johnson had in the 2023 primary that saw him elected.

“Turnout for the mayoral primary in Chicago was abysmally low — just 36 percent of registered voters cast a ballot in the 2023 primary. We blame that, in part, on the city’s decision to hold these primary elections during the harshest weather we face all year, in the heart of February, though vote by mail exists as a remedy for folks who don’t wish to brave the cold on their way to the polls,” the board wrote.

“Low turnout makes it easier for radicals to capture public office. And that’s a mistake we hope New Yorkers don’t make. If New Yorkers are frustrated with Mayor Eric Adams, they should be careful not to trade him for someone who might preside over a city that is less competitive and less financially secure.

“Trust us — we’ve living that reality.”

This may, alas, be wishful thinking; the more that New Yorkers get engaged with the mayoral race, the more they want an alternative to Andrew Cuomo. He stunk in the debate, his campaigning is lackluster, and he can’t really run on his experience, as that’s what got him chased from office in the first place.

That being said, Mamdani isn’t the answer, as much as the lefty contingent in the Big Apple seems to think he is. While the Republicans won’t be a factor in November’s election, it’s worth noting that controversial current Mayor Eric Adams will be running as an independent.

If he ends up being the only impediment to Mamdani’s ascent, one hopes the Turkish will come with a cool $50 mil, or something. It could be the only hope for the saner residents of our nation’s biggest city.

This article appeared originally on The Western Journal.

The post Chicago Paper Warns New Yorkers Considering Commie Mayoral Candidate in Tuesday Primary: Just Look At Us appeared first on The Gateway Pundit.

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Author: C. Douglas Golden, The Western Journal

BREAKING: Ex-Biden Aide Neera Tanden Admits Under Oath to House Oversight Committee That She Controlled Joe Biden’s Autopen

BREAKING: Ex-Biden Aide Neera Tanden Admits Under Oath to House Oversight Committee That She Controlled Joe Biden’s Autopen

BREAKING: Ex-Biden Aide Neera Tanden Admits Under Oath to House Oversight Committee That She Controlled Joe Biden’s Autopen
June 24, 2025

Here it is.

Ex-Biden official Neera Tanden admitted under oath to the House Oversight Committee during a closed-door testimony on Tuesday that she controlled Joe Biden’s autopen.

House Oversight Chairman James Comer recently identified five Biden aides who were involved in the cover-up of Joe Biden’s mental decline and autopen scandal.

Director of Domestic Policy Council Neera Tanden was brought before the Committee on Tuesday and admitted she was authorized to use Joe Biden’s autopen between October 2021 to May 2023.

According to the Washington Examiner, Neera Tanden testified that she was also authorized to direct the autopen, however, she denied manipulation or abuse.

Excerpt from the Washington Examiner:

A top former aide to former President Joe Biden testified behind closed doors Tuesday for more than four hours as part of the House Oversight Committee’s investigation into his mental fitness to serve and his White House’s use of an autopen, confirming she was authorized to use the automatic signature device while pushing back on concerns about alleged manipulation or malfeasance.

Neera Tanden, who served as director of the White House Domestic Policy Council, explained in her opening remarks Tuesday that she was given authority to wield the autopen. She said she “was responsible for handling the flow of documents to and from the president” and was authorized to direct autopen use from October 2021 to May 2023 when she was serving as staff secretary and senior adviser to Biden.

Tanden confirmed that during her tenure as White House staff secretary, she oversaw the many documents coming to and from the president’s desk, and she noted that her role included authorization to direct autopen use.

“As staff secretary, I was responsible for handling the flow of documents to and from the president,” she said. “I was also authorized to direct that autopen signatures be affixed to certain categories of documents. We had a system for authorizing the use of the autopen that I inherited from prior administrations. We employed that system throughout my tenure as staff secretary.”

However, Tanden noted that she stopped overseeing autopen use after May 2023, when she became head of the Domestic Policy Council.

The Oversight Project previously pointed out that Neera Tanden was the White House Staff Secretary when Joe Biden autopenned pardons from a golf course in the US Virgin Islands.

Neera Tanden was a frequent mention in the leaked Podesta emails released by WikiLeaks.

Tanden was one of the most vocal Russiagate conspiracy theorists. She not only attacked Republicans while she was working for Hillary Clinton, but also went for the throats of Sen. Bernie Sanders and his supporters.

Earlier this year, the Oversight Project revealed six criminals were pardoned by Biden’s autopen on December 30, 2022, while Joe Biden was vacationing and golfing in St. Croix.

Based on Neera Tanden’s Tuesday testimony, she was likely behind the Biden autopen pardons while Joe Biden was golfing in the US Virgin Islands.

Neera Tanden briefly spoke to reporters following her closed-door testimony.

When asked if there was a cover up of Joe Biden health decline, Neera Tanden said, “absolutely not.”

WATCH:

President Trump recently said whoever used Joe Biden’s autopen “usurped the power of the presidency.”

“Other than the Rigged Presidential Election of 2020, the Biggest Scandal in American History is the “AUTOPEN!” Whoever used it was usurping the power of the Presidency, and it should be very easy to find out who that person (or persons) is. They did things that a Joe Biden, of sound mind, would have never done, like, Open Borders, Transgender for everyone, men in women’s sports, and far more. Fear not, however, we will bring America BACK, BIGGER, BETTER, AND STRONGER THAN EVER BEFORE!” Trump said on Truth Social.

The post BREAKING: Ex-Biden Aide Neera Tanden Admits Under Oath to House Oversight Committee That She Controlled Joe Biden’s Autopen appeared first on The Gateway Pundit.

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Author: Cristina Laila