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Elections

Biden won’t ‘underestimate’ Trump in 2024: WH chief of staff

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With reports of former President Trump possibly running for president in 2024, the Biden administration is not turning their noses up at their potential opposing candidate. White House Chief of Staff Ron Klain talked to Mike Allen of Axios HBO on Sunday about how serious of a candidate the former president is.

“I wouldn’t want to estimate or underestimate Donald Trump as an opponent if he chooses to run,” Klain said.

Trump has said he is considering to run in 2024. No official announcements have been made yet.

President Biden is also up for a rematch. He told reporters in March that while he’s “never been able to plan” four years into the future, but that he expects to run for a second term.

RELATED: Psaki pushes back on idea that Biden’s presidency is ‘Obama’s 3rd term’

“My experience, Mike, is that incumbent presidents are judged on their record,” Klain said in his interview. “President Trump had a bad record in 2020. Joe Biden is hopefully assembling a powerful record to run on if he runs for reelection in 2024.”

You can follow Jenny Goldsberry on Twitter @jennyjournalism

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Economy

Federal Reserve Economist on hidden camera: ‘we don’t want Trump to be in the government’

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Hidden Camera captures Principal Economist at the Federal Reserve talking about Jerome Powell’s legacy as “somebody who held the line against like, Trump.” According to hidden camera footage of Aurel Hizmo, principal economist at the Federal Reserve, the U.S. agency could have fixed inflation a while ago but refused to do so for fear of hurting President Joe Biden’s re-election efforts.

Hizmo told an undercover reporter that the Fed stopped raising the rates to tackle inflation because it could cause a recession that would likely end Biden’s 2024 campaign.

The influential agency responsible for maintaining a stable monetary system appears to not just be establishing interest rates, but to be setting policies for desired social outcomes. “Under Powell, the Fed has changed to think about equity issues, like racial issues, think about wealth inequality as part of the mandate, as part of the things we are following. Think about climate change.” Aurel Hizmo, Principal Economist at the Federal Reserve, who prior to working at the Fed was an Assistant Professor helps write speeches for Federal Reserve Board Chair Jerome Powell for the Federal Open Market Committee.

Hizmo says “Trump is just a crazy person” and conservatives are “dumb” as he describes to OMG’s American Swiper Citizen Journalist a politicized Federal Reserve Board where Powell has promoted ESG issues like climate change and “wants to be remembered in history” “as a savior.” But shhh…don’t tell anyone because Hizmo says: “I’m just really worried that I’m saying stuff that’s classified…It’s all classified.”

 

 

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