‘Close the F***ing Door’: Fed Chair Interrupted as Climate Protesters Storm Stage
Fed Chair Interrupted as Climate Protesters Storm Stage
Fed Chairman Jerome Powell delivered a speech at the International Monetary Fund’s annual research conference in Washington, D.C., on Thursday. However, his presentation took an unexpected turn.
Less than a minute into his speech, several individuals walked onto the stage behind Powell, causing a disruption. The livestream of the panel was abruptly shut down, but not before a voice, which sounded like Powell’s, could be heard saying, “Just close the f***ing door.”
The Federal Reserve spokesperson declined to comment on the incident when asked about it later.
WARNING: The following videos contain language that may offend some readers.
JUST IN: FED chair Jerome Powell isn’t having it after getting interrupted by climate protesters, tells staff to just “close the f***ing door” on them.
“Thank you. Thank you. Thank you. Just close the f***ing door. Close the door.”
Good
During the same speech, Powell said… pic.twitter.com/yLJ0IoTaEm
— Collin Rugg (@CollinRugg) November 9, 2023
One of the protesters, who was difficult to hear clearly, seemed to criticize Powell for not treating climate change as a systemic risk. In response, the voice resembling Powell’s said, “Just close the f***ing door.”
The sound feed was eventually cut off, and it remained silent for over four minutes while security removed the protesters from the venue.
When the feed resumed, panel moderator Pierre-Olivier Gourinchas lightened the mood by jokingly asking the audience to keep the questions on the topic for the day.
This was the second time Powell had been interrupted by protesters in less than a month, with a previous incident occurring at the Economic Club of New York.
Despite the disruption, Powell continued his remarks, expressing the Federal Reserve’s concern about inflation and the need for further action.
The latest report from the Bureau of Labor Statistics showed a 0.4 percent increase in the Consumer Price Index, with annual inflation reaching 3.7 percent for the 12 months ending in September.
The next inflation report from the BLS is scheduled for release on Tuesday.
The post ‘Close the F***ing Door’: Fed Chair Interrupted as Climate Protesters Storm Stage appeared first on The Western Journal.
What actions and policies has the Federal Reserve taken or plan to take to address the significance of climate change, and how effectively are these integrated into their mandate
Statistics showed that consumer prices in the United States rose by 5.4% in September compared to the previous year, the largest increase since 2008. Powell highlighted the Federal Reserve’s commitment to addressing inflation and ensuring price stability.
However, the incident with the climate protesters highlighted the growing concern and frustration among activists about the lack of action on climate change. Climate change is a pressing issue with far-reaching economic implications, and it is crucial for policymakers, including central banks, to address its systemic risks.
The protesters’ actions may have been disruptive, but they served as a reminder that climate change should be given the urgent attention it deserves. The voice resembling Powell’s expletive-laden response indicates the frustration and perhaps the urgency felt by those advocating for climate action.
It is worth noting that this is not the first time Powell has faced protests during his speeches. Just a month prior, he was interrupted by protesters at the Economic Club of New York. These incidents reflect the growing discontent among activists who feel that policy actions are not aligning with the severity of the climate crisis.
The Federal Reserve has acknowledged the significance of climate change, with its Vice Chair for Supervision Randal Quarles stating earlier this year that the central bank is actively exploring how climate change can affect its responsibilities. However, concrete actions and policies that address climate risks have yet to be fully integrated into the Federal Reserve’s mandate.
Central banks, including the Federal Reserve, have a unique role in influencing economic policies and financial systems. As climate change becomes an increasingly urgent and systemic risk, it is crucial for central banks to incorporate climate-related considerations into their decision-making processes.
Transitioning to a low-carbon economy requires concerted efforts from both policymakers and the private sector. Central banks, through their regulatory and monetary policy functions, can play a significant role in facilitating a just and equitable transition.
The limitations on the livestream and the lack of comment from the Federal Reserve spokesperson following the incident raise questions about the organization’s handling of the situation. Transparency is key in building trust and understanding between policymakers and the public, especially during pivotal moments like these.
The disruption caused by the climate protesters may have momentarily overshadowed Powell’s remarks on inflation, but it also shed light on the need for urgent and comprehensive climate action. As the consequences of climate change become more pronounced, it is imperative for all stakeholders, including central banks, to prioritize climate-related risks and take decisive action.
The incident serves as a wake-up call for policymakers and institutions to recognize the gravity of the climate crisis and integrate climate considerations into their decision-making processes. Climate change is not a distant issue; it is here and now, impacting lives and economies worldwide. It is time for bold and meaningful action to address this global challenge.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Now loading...