Steve Jobs’ widow Laurene Powell visits Prayagraj, adopts Hindu name ‘Kamala’.
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Diya TV USA ^
| 01/13/2025 | Abhinav Sharma
Laurene Powell Jobs, widow of Apple co-founder Steve Jobs, was on Tuesday spotted in Prayagraj for participation in the Maha Kumbh Mela 2025. She
was given the Hindu name “Kamala” during her visit by the Niranjani Akhara, as if granting her the right to solidify her inter-connection with Hinduism. Powell Jobs, in her philanthropy and as Emerson Collective’s CEO, has openly professed being an admirer of Hindu thought. This journey to Prayagraj comes as a direct reflection of these interests as Powell Jobs interacts with spiritual leaders and surrounds herself with religious and cultural celebrations of the Kumbh Mela. The...
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Powell says he won’t resign for Trump, can’t be fired
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The Hill ^
| 11/07/2024 | Taylor Giorno
Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would step down if asked to do so by President-elect Trump. “No,” said Powell, whose term as chair ends in 2026. Powell
also said in 2019 that he would not resign if asked by Trump. President Biden reappointed Powell in 2021 — despite objections from progressives who have criticized the chair — saying he has burdened the average American by keeping rates too high for too long. Trump suggested earlier this year that Powell, a lifelong Republican, was “political” and would...
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What to know about the Florida Senate race as Rick Scott and Debbie Mucarsel-Powell face off in 2024 election
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cbsnews ^
| October 21, 2024 | M Maldonado
Local News What to know about the Florida Senate race as Rick Scott and Debbie Mucarsel-Powell face off in 2024 election miami By Mauricio Maldonado Updated on: October 21, 2024 / 10:53 AM EDT / CBS Miami MIAMI - The Florida Senate race between incumbent Republican Sen. Rick Scott and Democratic challenger
Debbie Mucarsel-Powell is set to be one of the most closely watched contests in the 2024 election. The outcome could significantly influence the balance of power in the U.S. Senate. Republicans currently hold a slim 49-to-47 seat majority, and this election's outcome could tip the balance. Scott, 71,...
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Biden Confusingly Makes False Claim He Never Met With Fed Chair Powell
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Breitbart ^
| 09/20/2024 | John Carney
President Joe Biden on Thursday appeared to forget meeting with Federal Reserve Chairman Jerome Powell as recently as two years ago. “I’ve
never once spoken to the chairman of the Fed since I became president,” Biden said, falsely, in a speech at the Economic Club of Washington. Biden met with Powell as recently as May 2022 in the Oval Office. This was Powell’s third in-person meeting with President Biden, according to Bloomberg. Biden nominated Powell to a second term as chair of the Fed in November 2021. Biden’s false statement was meant to contrast his approach to the Fed with...
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Jerome Powell: Migration Is Raising Americans’ Unemployment Rate
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Breitbart ^
| 09/19/2024 | Neil Munro
Federal Reserve Chairman Jerome Powell says the nation’s unemployment rate is being raised by Alejandro Mayorkas’ huge inflow of migrants. The
statement acknowledges the extraordinary political power accumulated by the Cuban-born Secretary of Homeland Security. Mayorkas’ ability to raise and lower the migration rate makes him the nation’s de facto “Labor Czar” and gives him extraordinary influence over Americans’ employment rates, wages and housing, and even their interest rates. Mayorkas insists he has the legal power to set blue-collar and white-collar immigration rates as he sees fit, regardless of migration numbers set by Congress in 1990, or the wishes of...
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Oprah Winfrey & Gayle King Spotted Vacationing with Broadway Actor Isaac Powell & His Boyfriend Tate Justus [and Chelsea Clinton - photos/barf alert]
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JustJared ^
| 8/30/2024 | Staff
Bet you didn’t expect to see these stars on vacation together! Oprah
Winfrey is currently traveling around Italy with Broadway star Isaac Powell. The legendary TV host and her BFF Gayle King were spotted boarding a yacht with Isaac and his boyfriend Tate Justus on Thursday (August 29) in Venice, Italy. Also in the group were Chelsea Clinton and her husband Marc Mezvinsky. They all were spotted shopping around Venice and doing some sightseeing before getting back on the boat.
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Fed’s Powell: ‘The time has come’ for interest rate cuts
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Fox Business ^
| 8/23/2024 | Breck Dumas
Federal Reserve Chair Jerome Powell signaled Friday that interest rate cuts are coming soon. "The
time has come for policy to adjust," Powell said in his speech during the Kansas City Fed's symposium in Jackson Hole, Wyoming. "The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks." "Inflation is now much closer to our objective, with prices having risen 2.5% over the past 12 months," he said. "After a pause earlier this year, progress toward our 2% objective has resumed. My confidence has...
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FROM MOBILE: Continued Success of Admiral Farragut; Surrender of Fort Gaines---Demolition of Fort Powell (8/11/1864)
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New York Times archives – Times Machine ^
| 8/11/1864
[OFFICIAL.] WAR DEPARTMENT, Aug. 10, 1864 -- 10:30 P.M. Maj.-Gen. Dix, New-York: The following report of the success of our operations at Mobile, extracted from the Richmond Enquirer of this morning, has just been received by this Department from Maj.-Gen. BUTLER: MOBILE, Monday, Aug. 8. Friday
night Lieut.-Col. WILLIAMS, commanding Fort Powell, evacuated and blew up the fort. Yesterday and to-day the enemy are shelling Fort Gaines. The people of Mobile are all ready for the fray. Great confidence prevails. The people are satisfied with the conduct of Lieuts. BUCHANAN, MAURY and BURMET, of the navy. SECOND DISPATCH. MOBILE, Monday,...
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Warren hammers Powell over jobs report: ‘Cut rates now’
(DEMS ARE STARTING TO PANIC)
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The Hill ^
| 8/2/2024 | Julia Shapero
Sen. Elizabeth Warren (D-Mass.) slammed Federal Reserve Chair Jerome Powell for holding interest rates steady earlier this week after Friday’s jobs report came in weaker than expected. “Fed
Chair Powell made a serious mistake not cutting interest rates,” Warren said in a post on social platform X. “He’s been warned over and over again that waiting too long risks driving the economy into a ditch.” “The jobs data is flashing red,” she added. “Powell needs to cancel his summer vacation and cut rates now — not wait 6 weeks.” The central bank opted Wednesday to maintain rates at a range...
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Politicians Pressure Powell to Give Up the Inflation Fight – Rate Cuts Ahead?
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Citizen Watch Report ^
The latest inflation report says we’re still 50% over the Fed’s target. Is
that really close enough? Will inflation disappear by itself? Why is Jerome Powell so close to giving up the inflation fight? Morgan Stanley thinks the Federal Reserve could start cutting rates as early as September, based on the idea that “inflation is finally under control.” The Federal effective funding rate has been held at 5% or higher since May 2023, as you can see on the graph below: (You can also see how the rate was left over 6% – at one point a mind-boggling 19% –...
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Trump weighs tapping JP Morgan CEO Jamie Dimon for Treasury secretary, won’t remove Fed’s Powell: report
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The New York Post ^
| 07/16/2024 | Staff
Donald Trump will not seek to remove Federal Reserve Chair Jerome Powell before the central banker’s term ends and would consider JPMorgan CEO Jamie Dimon for Treasury secretary if he won the Nov. 5 election, the former president told Bloomberg in an interview published on Tuesday. JPMorgan declined to comment on Trump’s
remarks. Powell’s term as chairman runs through Januray 2026, and his position as a Fed governor continues until 2028. The interview was conducted in late June, according to Bloomberg. Trump said the Federal Reserve should abstain from cutting rates before the November elections in which the Republican presidential...
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Federal Reserve Chair Jerome Powell: Migration Is ‘Neutral’ for Inflation
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Breitbart ^
| 07/11/2024 | NEIL MUNRO
The U.S. government’s immigration policy raises inflation pressures in some parts of the economy, but also reduces it in other parts of the economy, Federal Reserve chair Jerome Powell told Sen. JD. Vance (R-OH). “Overall, in terms of aggregate inflation, I wouldn’t say it’s a driver [of inflation] one way or the
other,” Powell told Vance on July 9. Powell’s admission discredits media-magnified claims by many business interests — including Goldman Sachs — that more migration would help reduce the inflation that has crippled President Joe Biden’s administration. That unfounded claim has been touted by many establishment media outlets, such...
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Federal Reserve Chair Jerome Powell working from home after testing positive for COVID-19
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AP via MSN ^
| 5-17-24 | MICHELLE CHAPMAN
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell
tested positive late Thursday. "Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home,” a Fed spokesperson said.
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Sidney Powell Handed Win After Judges Dismiss Disciplinary Effort by Texas State Bar
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Epoch Times ^
| 4/19/24 | By Jack Phillips
Sidney Powell, a lawyer who filed lawsuits after the 2020 election, got a win in Texas after an appeals court ruled that the Texas bar did not prove that she engaged in misconduct or fraud. A
panel of judges on the Fifth District of Texas Court of Appeals in Dallas ruled Wednesday that the state bar’s arguments lacked merit and evidence. They found that state bar prosecutors “employed a ’scattershot' approach to the case” that had alleged Ms. Powell did not have a reasonable basis to file lawsuits that challenged the 2020 election’s outcome in battleground states. “The Bar employed...
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WATCH: Federal Reserve Principal Economist who Reveals to O’Keefe Media Group that Fed Chair Jerome Powell “Wants to be Remembered in History” for Undermining Trump, Says Conservatives are “Dumb” and Discriminated Against at Federal Reserve
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The Gateway Pundit ^
| April 10, 2024 | Jordan Conradson
James O’Keefe’s O’Keefe Media Group has released undercover footage of a Federal Reserve employee admitting to how Federal Reserve Chair Jerome Powell sabotaged President Trump and wants to go down in history as “someone who held the line against Trump.” Principal Economist Aurel Hizmo, a self-proclaimed liberal, told an undercover journalist more
about Powell’s hatred for Trump, saying, “As soon as he became Chair, Trump wanted him to lower interest rates. Because when you lower interest rates, it stimulates the economy, and Trump was President. He wanted to stimulate the economy, but he wouldn’t do it. And he started raising...
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Bidenomics Is On The Highway To Hell For Housing Affordability! Mortgage Demand (Applications) Down 13% From Last Year While Home Prices Are Up 39.2% Under Biden And Powell
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Confounded Interest ^
| 04/03/2024 | Anthony B. Sanders
Housing in the US under Bidenomics is simply unaffordable. With
the massive expansion of M2 Money supply under Biden thanks to Covid and Bidenomics, home prices are up 39.2% and mortgage demand keeps falling like a paralyzed falcon. We are truly on the highway to hell under Bidenomics in terms of housing affordability. Mortgage applications decreased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 29, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.6 percent on a seasonally adjusted...
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Financial Leaders Sound Alarm on ‘Snowballing’ National Debt: Larry Fink Joins Jamie Dimon and Jerome Powell in Urgent Warning
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ubj ^
| 3/29/24 | Rahul Kumar
Larry Fink, CEO of BlackRock, the world’s largest asset manager, has issued a stark warning about America’s escalating debt, which currently stands at a staggering $34 trillion and continues to grow. Fink
cautioned that the nation’s trajectory could lead to a crisis reminiscent of Japan’s lost decade. He emphasized that Washington should not assume that investors will indefinitely fund the country’s fiscal deficit. In his annual letter to investors, Fink highlighted the recent three-percentage-point increase in U.S. Treasury yields to 4%, which reflects longer-term inflation expectations and the Federal Reserve’s aggressive interest rate hikes. He described this development as highly...
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DEPARTMENT OF THE GULF: Initiation of the Operations Against Mobile; The Mortar Fleet and Gunboats Attack Fort Powell (3/11/1864)
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New York Times - Times Machine ^
| 3/11/1864
The steamship Western Metropolis from New-Orleans, Feb. 29, arrived last evening. In
the Era of the 28th, we find the following concerning Admiral FARRAGUT's operations at the entrance of Mobile Bay: "We are again to be interested lookers-on of active war. The roar of cannon again resounds through the Department of the Gnd. The initiative steps of the operations which will soon place Mobile under the rule of the Stars and Stripes have been taken, and it may not be long ere we shall have to publish the glorious news that 'Mobile is ours!' By the arrival of the United...
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Powell: ‘There will be bank failures’ caused by commercial real estate losses
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The Hill ^
| 03/07/2024 | TOBIAS BURNS
Federal Reserve Chair Jerome Powell said Thursday he expects to see some banks fail due to their exposure to the commercial real estate sector, which has declined significantly in value following the shift to remote work. Powell
said the banks that are in trouble with falling office space and retail assets are not the big banks, which were designated as “systemically important” in the aftermath of the 2008 financial crisis. That episode, which resulted in a taxpayer bailout of the financial sector, was also triggered by unsound real estate assets. Rather, the banks at risk of failure now Powell identified...
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Jerome Powell plans to cut interest rates despite persistent inflation — and the American people could lose big
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The New York Post ^
| Feb 17, 2024 | Charles Gasparino
Federal Reserve chairman Jerome Powell is not known for his resolve. It’s
the main reason why the new and emerging consensus among Wall Street Fed watchers is that he will cut interest rates at least twice this year despite signs of persistent inflation, the Post has learned. If the CEOs and top executives who follow the Fed can be believed — and these folks have sources inside the central bank’s building in DC — Powell is already brushing off last week’s high inflation reads as a likely anomaly. His first rate cut since he started to raise them in March...
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