Rein in the Federal Reserve

Forwarded this email? Subscribe here
[[link removed]]
for more

[ACT For America]
[[link removed]]


[Share]
[FB]
[[link removed]]
[TW]
[[link removed]]
[IN]
[[link removed]]
[LI]
[[link removed]]
[YT]
[[link removed]]
[RU]
[[link removed]]
[CO]
[[link removed]]
[Browser]
[[link removed]]

STOP THE FED’S LAVISH ABUSE OF TAXPAYERS AND REIN IN THE FEDERAL
RESERVE

POWELL’S $2.5B FED REVAMP DENIAL EXPOSES HIS PRIVILEGED ARROGANCE

Post Editorial Board | New York Post | 7-1-2025

_IS JEROME POWELL A LIAR OR A FOOL?_

The august chairman of the Federal Reserve Board Chair told the
Senate Banking Committee
[[link removed]] last
week, “There’s no VIP dining room, there’s no new marble. There
are no special elevators” in the $2.5 _billion_ renovation work at
the central bank’s Washington headquarters.

“There are no new water features, there’s no beehives, and
there’s no roof terrace gardens.”

In short, he categorically denied The Post’s reporting
[[link removed]] on
the swanky “Palace of Versailles” redo — but without any
explanation of why the project’s planning documents
[[link removed]] include
all those features.

Those plans haven’t been revised since 2021, when the work began,
with an estimated cost of $1.9 billion.

How did the price soar more than 30% if so many luxury items
got _dropped?_

All the guy who literally controls America’s money supply could
offer up was: “The cost overruns are what they are.”

 

“IF YOU HAVE A COST OVERRUN OVER 10% YOU SHOULD BE ASHAMED OF
YOURSELF; 20%, YOU SHOULD NOT DO ANY MORE JOBS.”—PRESIDENT TRUMP
during the July 8th White House Cabinet Meeting on California’s High
Speed Rail Project That Never Was

 

OK; the Fed chief may not have perjured himself; he may well not know
what’s going on around him.

We’re pretty sure he knows how to read a spreadsheet — if he can
be bothered to look.

Powell’s disdain for questions about the taxpayers having to shell
out _at least_ $2.5 billion for work on a single, four-story office
building exposes him as an arrogant, privileged, bureaucrat who seems
to think “civil servant” means he’s the one who gets served.

Let them eat cake!

THE PRICEY MAKEOVER COMES WHEN THE FED IS HEMORRHAGING MONEY — A
STUNNING $233 BILLION IN LOSSES IN THREE YEARS.

That’s thanks to high interest rates
[[link removed]] and
the overhang from more than a decade of utterly unprecedented
“quantitative easing” intervention in the private economy, which
has left the Fed with a huge balance sheet of junk “assets” Powell
keeps _saying _he’s going to unload soon.

Incidentally, The Wall Street Journal reports that the beehives
(_Italian _beehives!) got added to the building’s roof back in
2023.

_MAYBE THE CHIEF NEVER GETS UP THERE?_

AT A TIME WHEN THE FED’S EXERCISING ENTIRELY NEW POWERS, ITS CHIEF
CAN ILL-AFFORD TO RAISE THE QUESTION: _IF HE DOESN’T KNOW WHAT IS
HAPPENING ON HIS ROOF, IS HE REALLY ON TOP OF WHAT’S GOING
ON UNDER IT?_

STOP THE FED’S LAVISH ABUSE OF TAXPAYERS AND REIN IN THE FEDERAL
RESERVE!

[Rein in the Federal Reserve!]
[[link removed]]


[ACT Now: Click Here!]
[[link removed]]


 

_WE DEPEND ON YOUR SUPPORT TO DELIVER REAL RESULTS!
[[link removed]]_

_FOR THE PRICE OF A COUPLE OF CUPS OF COFFEE A MONTH, BECOME A MONTHLY
MEMBER AND RECEIVE A FREE COPY OF MY NY TIMES BESTSELLER, ‘BECAUSE
THEY HATE,’ WHILE SUPPLIES LAST.
[[link removed]]_

_SUPPORT THIS ISSUE WITH A ONE-TIME, TAX-DEDUCTIBLE DONATION TO HELP
US CONCENTRATE ON THIS CRUCIAL ISSUE!
[[link removed]]_

_THANK YOU FOR YOUR SUPPORT AND PARTICIPATION,_

_BRIGITTE GABRIEL_

 

[Contribute]
[[link removed]]


_ACT for America Education, a 501(c)(3) organization._
_All donations are tax-deductible._

1083 Independence Blvd, STE 806
Virginia Beach, VA 23455 USA

Contribute
[[link removed]]
| Charity Navigator
[[link removed]]
| Unsubscribe
[[link removed]]
 

[Share]
[FB]
[[link removed]]
[TW]
[[link removed]]
[IN]
[[link removed]]
[LI]
[[link removed]]
[YT]
[[link removed]]
[RU]
[[link removed]]
[CO]
[[link removed]]
[Browser]
[[link removed]]