Fed Insisted SVB Posed No Serious Risk To Financial System
Less than two years later, Fed Chair Jerome Powell cited systemic risk as justification to protect Silicon Valley Bank’s depositors.
Jerome Powell
Learn more about the 16th chair of the Federal Reserve.
The Fed Chair’s November Surprise
Jerome Powell is preparing to crash the economy days before the midterm elections, hurting workers and ushering his fellow Republicans into power.
WATCH NOW: The Fed Chair’s War On Workers
The Lever’s new video reveals how the Federal Reserve is working to reduce workers’ wages, while protecting Wall Street execs.
The Fed Is Trying To Crush You
On this week’s Lever Time, a leading economist explains how the Fed’s effort to combat inflation could harm millions of workers.
LEVER TIME: The Fed Hates You
In the new episode of our weekly podcast, David exposes the big problem with the January 6 hearings, explores how the Federal Reserve is approaching inflation all wrong, and investigates what it takes to win third-party campaigns.
Powell Lets Wall Street Pay Skyrocket While Targeting Workers’ Wages
The Fed chair says his goal is to “get wages down” — but he has declined to reduce bankers’ record-high bonuses.
To Fight Inflation, The Fed Declares War On Workers
By leaving the problem of inflation to the central bank, Democrats are accepting an attack on labor power.