Fed Chair Powell just testified before the House, and the stock prices plummeted. It's incredible how much influence one person can have over the entire economy. As the head of the Federal Reserve, Powell's words can send shockwaves through the market.

@Stephenrogzyyy

Ай бұрын

Absolutely, his testimony can affect interest rates, inflation expectations, and overall market confidence. If the market perceives his statements as negative or indicating tougher times ahead, it reacts almost instantly.

@JimRex-sf8bt

Ай бұрын

That's why having a good financial advisor is so crucial. They can help you navigate these turbulent times and make informed decisions. I remember last year when Powell hinted at interest rate hikes. My advisor, Desiree Ruth Hoffman, had already warned me and adjusted my portfolio accordingly. It saved me from a lot of potential losses.

@pengily_emi

Ай бұрын

Desiree Ruth Hoffman? I've heard a lot about her recently. People say she has an uncanny ability to predict market movements. With everything going on, it's reassuring to have someone who can give you a heads-up on what's to come.

@Stevierockie

Ай бұрын

Yeah, she’s been fantastic for my investments too. When Powell's testimony today hinted at a possible economic slowdown, she had already positioned my assets in more defensive stocks and bonds. It's about being proactive rather than reactive.

@Stephenrogzyyy

Ай бұрын

It’s not just about reacting to the market; it’s about being prepared for different scenarios. A financial advisor like Desiree can provide that foresight. When Powell speaks, he’s essentially providing a roadmap for where the Fed thinks the economy is heading. Understanding and acting on that information can make all the difference in your financial health.

So basically almost nobody from Congress gives a rats about attending this critical meeting. The place is empty. Shameful.

@tiamat_023

Ай бұрын

It’s a committee meeting, keep your pants on. 🙄

@Dr.Weed8

Ай бұрын

Yeah they’re too busy trading NVDA stock to care.

@cjgazerro622

Ай бұрын

There’s a vote on the house floor I’m not defending them I’m just saying, I know there’s a vote going on

54:00 LOOL "So eliminating the FED is best for promoting economic stability?" "YES"

@realestatemindset

Ай бұрын

I'm on it 🎉

@kylephipps1078

Ай бұрын

Yeah, the MO rep didn't know what JPOW was saying and apparently JPOW didn't know what the MO rep was saying lol

@pootsplasencia4846

Ай бұрын

​@@realestatemindsetbrooo you are everywhere

@miamianz

Ай бұрын

At this point yes ive been through 6 economic collapses

@Lombardi54

Ай бұрын

I had to listen to it twice to catch it 😂. Nobody heard anything clearly on the last part. It was like Mr. Magoo interviewing Mr. Magoo. I respect those two well meaningful men but that glib was my favorite!

Powell deserves a raise, he has one of the hardest jobs trying to satisfy the poor, corporate greed, greedy banks and investors, middle class, rich, and slimy over spending geriatric politicians! Don't get how they're grilling him when these house people are spending like a teenage girl with a AMEX black card. Powell is trying to tell you that jobs are still strong and we're still spending ridiculously. He keeps giving us clues but we're just not listening, we love plastics and just junk.. Merica

@larrybuller4707

Ай бұрын

Look at the Jobs report, most are part time jobs or government jobs…at least do some research and not just spew the Democrats lies to Americans…

If Ms Waters ever has a problem in public office, she will be able to take up a job as a comedian. That'd be a better use of her talents

@tortreform9478

Ай бұрын

Listening to that lady talk makes me wanna go buy one of those 25 year shelf life emergency food kits from Costco.

@0monroy

Ай бұрын

I believe it's important to consider the age of individuals serving in the Senate and in Congress. Perhaps we should explore implementing term limits to ensure that representatives and senators can bring new perspectives and ideas to the table.

@tortreform9478

Ай бұрын

@@0monroy Term limits would be tough but I think everyone can get behind an age cut off. It could be that you cannot serve of you hit the us life expectancy of 77. A good comedic irony would be that you cannot serve if you meet the set age for full social security retirement benefits.

@0monroy

Ай бұрын

I agree, but the cutoff should be 60. We need a younger influence to challenge our administration and remove the stalwarts of authority.

@tortreform9478

Ай бұрын

​@@0monroy Yeah younger would be better but i just think the number has to be derived from somewhere for it to be argued properly. 67 being the retirement age for Americans seems hard to argue against. 30% of the senate are older then 67 and about 15% of the house are older then 67. That 30% and 15% are probably the ones calling the shots realistically.

I couldn’t even make it through yesterday’s. They keep saying the dumbest stuff imaginable just for the camera. Not even asking him legitimate questions.

@bjnowak

Ай бұрын

This is the first time I’ve ever watched one of these. How in the world does anything get done?

@stevenbeenaware

Ай бұрын

These people are corrupt. The Fed needs to be abolished. They have never been audited.

@mickeyslaven

Ай бұрын

@@bjnowak welcome to the club, nothing does get done lol.

I’m just confused how they get to walk out during a meeting.. Any other job you would get fired how is this allowed

@amansyed9552

Ай бұрын

wait what happened, reference?

@stevenbeenaware

Ай бұрын

Don't be confused my friend. It happens because they are corrupt

What a waste of salaries

Ms Waters LOL

A crowd full of goofies asking idiotic questions....God bless America

@bjnowak

Ай бұрын

Who votes these people in?

53:38 - Powell agrees that eliminating the Federal Reserve would promote economic stability.

Where’s Ron Paul when you need him! These people don’t have a clue about anything.

😅 inflation up well over 40 % not sure what world they are living in FJB , morg rates have tripled in 3 years !!!!

@mohamedyusuf3400

Ай бұрын

F$$$ Joe Biden. Worst economy for a teenager such as myself to prosper in

this is what happen in real world: A student interviewed by C student, like all the time in job market

Who votes these people into office…

@bjnowak

Ай бұрын

Wondering the same thing

@stevenbeenaware

Ай бұрын

Corruption at the highest levels of government

"Honestly, HFC I don't even follow the data watch the news anymore." "I've had more luck with a Tarot card reader in my hotel room."

Jerome is accumulating new printers for the new presidency for the last 4 years hes hobbies are printers

Yes, the economy is doing great, average young American can't afford a house anymore...

Mr. Green is such a hater.

WHY WASN'T HE SWORN IN?!?! It's hard to have and keep anyone accountable without being UNDER OATH!!! WHAT THW CRAP!?!?!?

Mss Waters, the Fed raise and lower interest rates to control inflation, has nothing to do with Diversity and Inclusion. The monetary policy does not discriminate. Money does not discriminate. If a business need to downsize, in a recession, they will need to lay off some of their workforce for the business to survive in those challenging times. Diversity and Inclusion in this case will bring the the company down if you're going to mandate the company to keep their workforce in those challenging times. If the company closes, they all will be unemployed. The monetary policy is a balancing act the Fed needs to deal with.

You can’t just “wipe out” student loan debt. You just increased our deficit by that much.

2:08:45 is all you need to know on why the economy is in the trash

I salute Ranking Member Waters in her first committee hearing as head of the Whig Party.

We dont need a law or DEI..Hire the best people regardless of there background, or color..

Ms. Waters always seems to seek out policy in the midst of the fed. Why os she even discussing Project 2025. Whaat was her point? Bravo Jerome Powell.

Chair should have ruled on the point of order, in general this is really sad to see they have no idea what they're talking about

Why did get cut early?

what does this have to do with economics?

Second day stocks getting hammered!! New leadership is needed moving forward before this guy drives the country into a recession

If money ceased to exist, human ingenuity and drive to build and innovate would persist. Throughout history, innovation and progress have often stemmed from necessity, curiosity, and the desire to improve our lives, not solely from financial incentives. Communities would likely find new ways to exchange value and resources, ensuring that creativity and development continue to thrive.

Its what the people want.

my God that camera woman behind Powell in the first half is gorgeous...

Min 51-54 please skip it's just another one that's to old and should retire already..

Mr Green: Was ridiculous in his motion.

Buy gold stocks…look for Q2 blockbuster earnings with high gold prices…gold stocks will skyrocket and not to mention interest rates coming down further fueling prices!!

Ha ha ha empty seats like emptying the Feds

That camera girl behind powell is fine 😍😍

Mr Donalds was the best here today

It’s about the best Talent.. This women is crazy…and doesn’t know anything about the economy

Ms Watters makes me sick!!!

There is a bunch of Republican BS

Chair Powell is an honorable leader with a good balance of empathy, pragmatism, and perseverance

@stevenbeenaware

Ай бұрын

The federal reserve is corrupt. They never have even been audited. He is a part of the problem

5 minutes seems not enough....

@stevenbeenaware

Ай бұрын

Exactly. Its BS. And all one big show.. it's corruption at the highest levels of governments. This so called leaders make rules for us, all while. They get richer and many get poorer.

Everyone os goverment should be making minimum wage so they understand how trickle down economu works. Im moddle class and i can tell you the pop hit the fam 2 yrs ago the upper class is about to be the middle class in another 6 months. But lets not kod ourselves this ia the plan to keep us finacial slaves and banka to keep all of us renters.

Done with both democrat and Republican BS of blaming each other for inflation but doing nothing at all.

Free pizza for everyone

More free money…I worked two jobs, making 8.00 an hour…I didnt get any free money…

Stagflation!

What normal people would say after both sides opening arguments would be : You both just lied and you are completely absurd.

What happened? !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

bruh

Mr Green Are You?

What happened?

Who is this guy….

B b bruh

Your All overpaid And i want my money back! All of it.

What a bunch of losers

Biden is finished

Mr Lawler's comments were completely inappropriate. No class

@shawncanon9028

Ай бұрын

There is a time and place for questions like that.. But I think it is a question that’s on a lot of peoples minds

@lsmitty8839

Ай бұрын

😮 read Meet your strawman and the creature from jekyl island , we are their slaves

lizard people 🦎

yoooooooooooooo

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Fed Chair Powell just testified before the House, and the stock prices plummeted. It's incredible how much influence one person can have over the entire economy. As the head of the Federal Reserve, Powell's words can send shockwaves through the market.

@user-ey4im1xs8d

Ай бұрын

Absolutely, his testimony can affect interest rates, inflation expectations, and overall market confidence. If the market perceives his statements as negative or indicating tougher times ahead, it reacts almost instantly

@johnmccarty-z7u

Ай бұрын

That's why having a good financial advisor is so crucial. They can help you navigate these turbulent times and make informed decisions. I remember last year when Powell hinted at interest rate hikes. My advisor, Desiree Ruth Hoffman, had already warned me and adjusted my portfolio accordingly. It saved me from a lot of potential losses.

@user-lw6wd6jm9n

Ай бұрын

Desiree Ruth Hoffman? I've heard a lot about her recently. People say she has an uncanny ability to predict market movements. With everything going on, it's reassuring to have someone who can give you a heads-up on what's to come.

@cirella1064

Ай бұрын

And thats why its an unsustainable system

@user-mf6rj8mh5t

Ай бұрын

Yeah, she’s been fantastic for my investments too. When Powell's testimony today hinted at a possible economic slowdown, she had already positioned my assets in more defensive stocks and bonds. It's about being proactive rather than reactive.

Fed Chair Powell just testified before the House, and the stock prices plummeted. It's incredible how much influence one person can have over the entire economy. As the head of the Federal Reserve, Powell's words can send shockwaves through the market.

@Thomas_dan

Ай бұрын

Absolutely, his testimony can affect interest rates, inflation expectations, and overall market confidence. If the market perceives his statements as negative or indicating tougher times ahead, it reacts almost instantly.

@MikeSmith21121

Ай бұрын

That's why having a good financial advisor is so crucial. They can help you navigate these turbulent times and make informed decisions. I remember last year when Powell hinted at interest rate hikes. My advisor, Desiree Ruth Hoffman, had already warned me and adjusted my portfolio accordingly. It saved me from a lot of potential losses.

@VictoriaAllen-ml8kx

Ай бұрын

Desiree Ruth Hoffman? I've heard a lot about her recently. People say she has an uncanny ability to predict market movements. With everything going on, it's reassuring to have someone who can give you a heads-up on what's to come.

@PearlKing21

Ай бұрын

Yeah, she’s been fantastic for my investments too. When Powell's testimony today hinted at a possible economic slowdown, she had already positioned my assets in more defensive stocks and bonds. It's about being proactive rather than reactive.

@Thomas_dan

Ай бұрын

It’s not just about reacting to the market; it’s about being prepared for different scenarios. A financial advisor like Desiree can provide that foresight. When Powell speaks, he’s essentially providing a roadmap for where the Fed thinks the economy is heading. Understanding and acting on that information can make all the difference in your financial health.