- July 15, 2021
- Posted by: Stratford Team
- Category: Business
Kingsview Asset Management CIO Scott Martin and former Trump Senior Economic Advisor Steve Moore on Democrats’ $3.5 trillion spending bill and Fed Chairman Jerome Powell.
Some Republican lawmakers worry Atlanta Fed President Raphael Bostic is too focused on his “woke” agenda as inflation rages at levels not seen in decades.
Bostic, who is Black, has in recent months spoken out against racial injustice while taking a sanguine view on inflation, one of the components of the Fed’s dual mandate.
“As the crime rate in American cities skyrockets and the Biden administration tries harder each day to distance itself from the ‘Defund the Police’ movement, one of the individuals rumored to be on the president’s shortlist for Fed Chair is advocating for letting criminals out of jail in order to boost the economy,” a Senate Republican aide told FOX Business. “With consumer prices soaring to new highs, the President of the Atlanta Fed should be focused…