Pettiness at its best....TOM indicting Powell

 

Jan 12, 2026 (355/1461)

Never say TOM doesn’t have the lowest level (or highest maybe?) of pettiness. With Jerome Powell’s tenure as Chair of the central bank set to expire in May, TOM just has to get one more dig in. DOJ is now investigating Powell for Treasury renovations. My head automatically starts shaking back and forth with crap like this. For the love of God. We can’t manage to bring to justice true criminals. Government law enforcement individuals committing horrific crimes. But this? We have time for this? “Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations.

The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he has repeatedly attacked for not cutting its key interest rate as sharply as he prefers. The renewed fight will likely rattle financial markets Monday and could over time escalate borrowing costs for mortgages and other loans.

The subpoenas relate to Powell’s testimony before the Senate Banking Committee in June, the Fed chair said, regarding the Fed’s $2.5 billion renovation of two office buildings, a project that Trump has criticized as excessive.” Ridiculous. When we are finally through this hell that is TOM, I hope Blondi gets prosecuted for every frivolous, unsubstantiated, revenge-based investigation she launched. And as well for not prosecuting all those who should have been. Brought to task for wasting resources and time on dead ends and nothing burgers. Turn about is fair play, right? If TOM thinks the Fed misused finds to remodel, I think misusing funds to go after empty cases (Comey, James…) is equally as valid.

Even Rs aren’t taking this lying down. Is it possible the spine they seem to have found (small though it is) might actually have some staying power? “Several Republican senators have condemned the Department of Justice’s subpoenas of the Fed, which Powell revealed Sunday and characterized as a “pretext” to pressure him to sharply cut interest rates as Trump has demanded. Powell also said the Justice Department has threatened criminal indictments over his June testimony to Congress about the cost and design elements of a building renovation. A bipartisan group of former Fed chairs and top economists on Monday compared the Trump administration’s actions to moves made in more impoverished countries. Some analysts said that the financial market’s muted response reflects a widespread belief that Powell could successfully fend off the allegations that his description to lawmakers of the Fed’s $2.5 billion project was criminal. “After speaking with Chair Powell this morning, it’s clear the administration’s investigation is nothing more than an attempt at coercion,” Murkowski said.” Ya think?

And TOMs attempt to punish five Dem-led states by withholding HHS dollars last week was stifled by a wise and just judge. “A federal judge Friday evening temporarily blocked the Trump administration from freezing federal money for child care and other social services in five states. 

The Department of Health and Human Services announced Tuesday that is withholding funds for programs in California, Colorado, Illinois, Minnesota and New York because of concerns about alleged fraud. Programs affected were the Child Care and Development Fund, which had nearly $2.4 billion frozen; Temporary Assistance for Needy Families (TANF), with $7.35 billion; and the Social Services Block Grant (SSBG), with $869 million.

Attorneys general in these states promptly filed lawsuits against the federal government in the U.S. Southern District Court of New York.” For now at least, children will have food, heat and shelter. For now.