Posted on 02/10/2016 7:51:19 PM PST by Nachum
For nearly one year, Wisconsin Rep. Sean Duffy has been Janet Yellen's nemesis over the ongoing probe into Fed leakage of material inside information via Medley Global and any other undisclosed channels, one which has seen subpoeans be lobbed at the Fed which has been doing everything in its power to stall said probe, and which cost Pedro da Costa his job when he dared to ask questions at a Fed presser that were not precleared by his WSJ "Fed mouthpiece" peers.
Today, during Yellen's appearance before the House Financial Services committee, Duffy finally had enough, and in a heated exchange asked Yellen what on legal authority is the Fed exerting privilege to ignore a Congressional probe into what is clearly a criminal leak, one which has nothing to do with monetary policy and everything to do with the Fed providing material, market moving information to its favorite media and financial outlets.
The exchange highlights are below:
DUFFY: We sent a letter in the Medley investigation, in our oversight of the Fed, asking you for information regarding communication. No compliance. Then we sent you a subpoena in May, you did not comply with that.
We had partial compliance in October. We're now a year after my initial letter. I've asked you for excerpts of the FOMC transcripts in regard to the discussion -- in regard to the internal investigation on Medley. You have not provided those to me. Is it your intent today to promise that I will have those, if not this afternoon, tomorrow?
YELLEN: Well, congressman, I discussed this matter with Chairman Hensarling and indicated we have some concern about providing these transcripts... given their importance in monetary policy.
(Excerpt) Read more at zerohedge.com ...
And yet this evil bitch thumbs her nose at the Congress and goes merrily on her way! When is someone there going to say enough and throw her in jail. This the way virtually every “judicial process” works in this country today. The guilty use the system to run out the clock. I guess now a subpoena is simply a “suggestion.”
Did the French assembly throw Napoleon in jail? Did the Reichstag throw Hitler in jail?
I think she probably fears the banksters and their hit men more than a congressional committee.
The challenge works both ways: Congressman, what are you going to do about it? Send her to jail? Because if you don’t, the whole thing is a rather stupid dance we’ve seen a thousand times before. Lead, follow, or get the hell out of the way.
Hellen, like Hilary, is too big to jail. There are many Democrat officials who are above the law and they get away with their crimes.
The libs are attempting to extend the concept of diplomatic immunity to politician immunity. Think about the increase in graft and corruption that will be the end result if they are successful.
Who the Hell is Hellen? Her name is Janet Yellen.
and someone should be yellin’ at that B!
Order the House Sergeant-at-Arms to arrest Yellen and shoot anyone who tries to interfere. Hold her incommunicado until the subpoenaed documents are provided.
Oh, wait... We’re talking about the House of Representatives? Yeah, that’s pretty funny. They won’t do squat.
Did you ever wonder how Warren Buffet could have been so lucky to purchase 5 billion in Goldman Sachs stock when everyone thought they were going broke, when in fact they were destined to be classified as a bank?
Uniparty rules.
Nothing will happen.
Every member of the Obama administration is a criminal. Every fricking one.
Kabuki Theater of a rearranging of the chairs on the deck... Mind you, the chairs will never actually BE re-arranged, but the stage play attempts to simulate something happening. Meanwhile, the entire ship slides a little further down in the water and DECENT people don’t even speak of that.
He didn’t use a broker...
Lloyd Blankfein himself called ole Warren and offered him the shares.
You and I would been thrown in Jail and ordered to disgorge our gains from “trading on material, non-public information, but Lloyd owns the cops (and the rest of the federal government) and Warren has spread enough dough to our “representatives” to do whatever the hell he wants.
..it was just one of those Amazing Coincidences that occurred during the bailout...
“Did the French assembly throw Napoleon in jail? Did the Reichstag throw Hitler in jail?”
So I guess it will fall to Trump or Cruz to do it?
Same GS that has changed their oil price three times in 40 or so days pretty close to options day?
Stooge put in place to take the heat and follow orders
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