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Trump supports Stefanik to replace Cheney as GOP conference chair

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Following calls for Rep. Liz Cheney (R-WY) to resign as GOP conference chair, on Wednesday former President Trump privately endorsed Rep. Elise Stefanik (R-N.Y.) to take her place.

Punchbowl News was the first to report on the endorsement. Rep. Steve Scalise (R-LA) also endorsed Stefanik in a public statement Wednesday.

Kevin McCarthy (R-CA) alluded that there are more GOP members against Cheney on Fox and Friends Tuesday. “I have heard from members concerned about her ability to carry out the job, carry out the message,” the California representative said.

Stefanik pledged to object the certification of the 2020 election and defended Trump during his first impeachment.

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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