For the sake of American workers, racial justice, financial security, and the climate, Federal Reserve Chairman Jerome Powell should not be renominated for a second term. There is no shortage of qualified candidates to replace Powell. The sole quality in his favor — his embrace of low interest rates and dovish monetary policy — is far from unique to his leadership, and considering that plentiful other potential Governors would maintain this policy, it does not outweigh his many deregulations and derelictions of duty. Here is the Revolving Door Project’s case against renominating Jerome Powell.
This post will be updated over time.
Press Release
Powell Misled Reporters About His Finances While Admitting To Lax Ethics Practices
Letter
Fed’s Powell Must Place Embattled Bank Presidents On Leave, Ethics Watchdogs Write In Letter
One-Pagers
No, Biden Can’t Just “Appoint A Strong Vice Chair Of Supervision”
Jerome Powell Let Wall Street Run Wild
Jerome Powell Has Failed To Act On Climate
Key Points On Jerome Powell’s Union-Busting, Fossil Fuel-Investing Private Equity Record
Op-Eds
Jerome Powell Went Easy On Wall Street
5 Compelling Reasons For Biden To Dump Jerome Powell
Blog Posts
The Other Ethics Issues At The Fed Regional Banks
Powell’s Carlyle Past Meets The Fed’s Ethics Scandal Present
A Brief Taxonomy Of Bad Jerome Powell Arguments
The Fed’s Municipal Lending Failed Black Public-Sector Workers
Matt Yglesias’ Case Against Powell Critics Is Weak
Who Would Be A Better Fed Chair Than Powell?
Working Paper
Research File
Jerome Powell, The Carlyle Group, And Organized Labor
PHOTO: “Governor Jerome Powell speaks at Brookings panel, ‘Are there structural issues in U.S. bond markets?'” by BrookingsInst is licensed under CC BY-NC-ND 2.0