{"id":421313,"date":"2021-04-14T12:28:53","date_gmt":"2021-04-14T16:28:53","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=421313"},"modified":"2021-04-14T12:28:55","modified_gmt":"2021-04-14T16:28:55","slug":"federal-reserve-chair-jerome-powell-takes-heat-after-admitting-economy-is-rigged","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/federal-reserve-chair-jerome-powell-takes-heat-after-admitting-economy-is-rigged\/","title":{"rendered":"Federal Reserve chair Jerome Powell takes heat after admitting economy is rigged"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffederal-reserve-chair-jerome-powell-takes-heat-after-admitting-economy-is-rigged%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=421313&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2397587\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2397587\" class=\"wp-caption-text\">FILE \u2013 In this Dec. 1, 2020, file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. During an interview broadcast Sunday, April 11, 2021, on CBS\u2019 \u201c60 Minutes,\u201d Powell said the U.S. economy is poised for an extended period of strong growth and hiring, though the coronavirus still poses some risk. (Al Drago\/The New York Times via AP, Pool, File)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 9:13 AM PT \u2013 Wednesday, April 14, 2021<\/h5>\n<p>Former Trump trade advisor Peter Navarro recently blasted Jerome Powell as \u201cthe worst chair of the Federal Reserve in modern history.\u201d<\/p>\n<p>On Tuesday, Navarro reacted to <a href=\"https:\/\/www.cbsnews.com\/news\/jerome-powell-full-2021-60-minutes-interview-transcript\/\">Powell\u2019s interview on 60 Minutes<\/a> in which he admitted the system is rigged against every day Americans. He said Powell\u2019s interview is the inside joke of all of corporate media as he blames the country\u2019s money problems on blue collar workers.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">In a conversation with Scott Pelley about the economic outlook, Powell also commented on the fallout from the Archegos Capital collapse, last year&#8217;s bailout of money market funds, and the potential development of a U.S. digital dollar. <a href=\"https:\/\/t.co\/WO4NFkdqED\">https:\/\/t.co\/WO4NFkdqED<\/a><\/p>\n<p>\u2014 60 Minutes (@60Minutes) <a href=\"https:\/\/twitter.com\/60Minutes\/status\/1382045929688158208?ref_src=twsrc%5Etfw\">April 13, 2021<\/a><\/p>\n<\/blockquote>\n<p>Navarro asserted that Powell is doing nothing to help Americans compete in the global economy and is, instead, helping push American jobs overseas.<\/p>\n<p>\u201cThe people who control this government think that whenever your wages go up, they\u2019re going to ship our jobs overseas so people can have cheap crap at Walmart,\u201d stated the former trade advisor. \u201cEven though they don\u2019t have a paycheck, they\u2019ve got cheap crap at Walmart.\u201d<\/p>\n<p>Navarro went on to emphasize President Trump\u2019s efforts to support blue collar Americans while suggesting he\u2019s the only modern president to actually care.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/fmr-trump-official-biden-policies-making-government-complicit-in-human-trafficking\/\">Fmr. Trump Official: Biden policies making government complicit in human trafficking<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>FILE \u2013 In this Dec. 1, 2020, file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. During an interview broadcast &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2276054,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-421313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/421313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=421313"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/421313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2276054"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=421313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=421313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=421313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}