SHOCKING ALLEGATIONS: Fed Chair Candidate BLASTS Central Bank for DISASTROUS Inflation Crisis!

In a jaw-dropping allegation that could rock the financial world, Kevin Warsh—a former Fed governor and an ally of Donald Trump—has unleashed a scathing critique of the Federal Reserve, claiming it is responsible for a catastrophic inflation surge that’s gripped the U.S. for a generation!

Fed’s Catastrophic Failures EXPOSED!

Warsh, eyeing the top spot at the Fed, hit the stage at a Group of 30 event in Washington and didn’t hold back! He slammed the Federal Reserve, accusing it of turning into a “general-purpose agency of government” instead of sticking to its core mission. According to him, this dangerous "drift" has left the Fed unable to maintain its sacred 2% inflation target!

“Ever since the 2008 financial meltdown, the central bank has been out of control!” Warsh declared, and with those words, he made it clear the Fed’s reckless policies are fueling the inflation beast!

TRILLIONS Spent Without a Thought!

But that’s not all! Warsh shockingly revealed that the Fed’s massive $7 trillion balance sheet is acting like a cash cow for rampant government spending, putting the nation’s fiscal stability on a COLLISION COURSE! “Why bother with fiscal responsibility when the central bank is just shoveling money around?” he argued.

In a jaw-dropping twist, Warsh spotlighted how Congress has taken advantage of this with zero accountability, making it a playground for easy appropriation of funds—at the expense of every American taxpayer!

Trump’s Hostility Towards Powell REVEALED!

These explosive comments come at a time of rising tensions, as Trump recently expressed his impatience with current Fed Chair Jay Powell, hinting he might be ready to give him the pink slip! Talk about drama!

While Trump backed off his threat after a market panic, Warsh’s timing couldn’t be more perfect, marking a possible shift in the future of the central bank!

Candidates EYE the Throne!

The spotlight now turns to who might replace Powell when his term wraps up in 2026, with Warsh and National Economic Council head Kevin Hassett being speculated as the frontrunners.

Fed Chair: A POOR Performance Gets NO PASS!

Despite stressing the importance of Federal Reserve independence, Warsh didn’t mince words about the need for accountability. “When the monetary outcomes stink, it’s high time Central Bankers get grilled!”

The nation holds its breath as financial markets react, and the battle for the future of America’s economy heats up! Keep your eyes glued—this story is just getting started!

photo credit: www.ft.com