President Joe Biden will renominate Federal Reserve Chairman Jerome Powell to a second term leading the central bank.
The president, who was elected as a moderate, has faced pushback on Powell, who progressives feel is not tough enough on bank regulations or climate change policy.
Also in contention for the top job was Lael Brainard, who Biden will nominate to become the vice chair of the central bank’s board of governors.
In March 2018, then-House Speaker Paul Ryan (R-Wis.) took to the lectern to announce he had received “assurances” that President Trump was not considering firing special counsel Robert Mueller. “We have a system based upon the rule of law in this country.” A month later, Ryan announced his retirement from Congress.
In July 2018, Ryan refused to permit an effort to impeach then-Deputy Attorney General Rod Rosenstein for obstructing congressional inquiries into the Russian collusion hoax. Ryan’s protection of Mueller and his untimely retirement helped tip the 2018 midterm elections against his party and Nancy Pelosi has held the speaker’s gavel ever since then.
Mueller should have been fired and Ryan should have urged Trump to do it. Mueller proved himself to be a fumbling and doddering fool unable to grasp the basics of the investigation he supposedly led. The real directors of the witch hunt, Trump haters led by Andrew Weissman, abused the powers of the special counsel to leak, smear, and harass the sitting president. It was, from the very start, a political operation intended to deny Trump the full freedom and powers an elected president normally would enjoy. It wasn’t quite a coup because power didn’t change hands. But it added to the continuing loss of confidence Americans have in achieving political change through elections.