Upgrade to listen15 minutes
1. Just Jay
Tomorrow in Jackson Hole Fed Chairman Jerome Powell will give a speech.
What I want to talk about today is why it should be a big deal—why Powell should use this speech to take a hard stance against Trumpism.
But also: Why he won’t. This is one of those asymmetry discourses where we unpack why it is that the the authoritarians can do and say whatever they really think while liberal institutions contort themselves to pretend that ThisIsFineDotGif.
Trigger warning: It might make you mad because it’s not really about basis points. It’s about power.
Join Bulwark+ to unlock the rest
Become a paying member of The Bulwark to get access to this post and other subscriber-only content. A subscription gets you:
- Unlimited access to articles and newsletters including The Triad by JVL and Receipts by Catherine Rampell.
- Ad-free editions of our shows (with transcripts) and member-only shows like The Secret Podcast.
- Plus community chats and commenting features. Your support helps keep our work sustainable and available to those who cannot afford a membership. Cancel anytime.