Jerome Powell, head of the US Federal Reserve, has said the criminal investigation into him is a pretext. “The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the president.” Trump has repeatedly attacked Powell, calling him a “stubborn mule” and a “numbskull” for declining to cut borrowing costs more aggressively and has repeatedly said he would “love” to fire him.
Powell said: “Public service sometimes requires standing firm in the face of threats,” he said. “I will continue to do the job the Senate confirmed me to do.”
Powell born 4 February 1953, is a steady Sun Mercury in Aquarius opposition Pluto. He has a yod onto a focal point Mars in Pisces inconjunct Saturn Neptune sextile Pluto – with his Mars sitting on the cusp of Trump’s financial 8th house – which makes sense as Powell’s assertiveness hits Trump at a deep level psychologically by disagreeing with him and in the pocket book. Powell’s Jupiter in Taurus is square Trump’s hidden 12th house Pluto for another tussle for the upper hand and last word. With Powell’s Sun North Node also opposition Trump’s Pluto. So he will trigger all of Trump’s vengeful rage and tendency towards underhand tactics.
Powell’s 2nd Term chart, 23 May 2022 has a panicky Solar Arc Neptune conjunct the Term Mars now as well as an ebullient SA Mars conjunct the Term Jupiter – with tr Uranus moving to square the Gemini Sun as his term comes to an end in May – though evidently he could stay on to 2028 if he wanted.
The relationship chart between the US Federal Reserve and Trump is showing signs of alarm from late June with tr Uranus square the composite Neptune.
The US Federal Reserve chart itself, 16 November 1914 9 am, is under worrisome influences this year with tr Neptune in a highly uncertain square to the Saturn Pluto in Cancer until January 2027. With jolt, jangles and shocks from mid June 2026 into 2027 with tr Uranus in a high-insecurity opposition to the composite Mars – when it registers on the Trump/Fed Res relationship as well.
A financial analyst said: “Markets will start to price in greater inflation expectations, inflation risk premium, and term premium if the Fed’s independence comes under further attack. We don’t appear to have hit it yet, but every action is another step closer to it.”
If nothing else reins Trump in, the markets will.
@carson Also not an astrological point, but there’s some pretty strong evidence that DJT’s degrees from Penn and Wharton were purchased for him by his father, and scant evidence that he earned either one.
FYI Wharton is the business school for Univ of Pennsylvania. Not a separate school. I was shocked to learn he was economics major. Thought he might be real estate due to his family business or maybe marketing. Couldn’t imagine him in a detailed field like accounting finance IT industrial ops etc.
I was double major accounting/economics. Personally your theory of bought degree seems suspect. More likely he was a straight C student who coasted through. Doesn’t appear to be informed in the field at all. His tariff economy was rejected world wide after the Great Depression
Hoping for a better world post Donnie boy
@Carson, there was his former Wharton professor William T. Kelley famously telling people that Donald Trump was the dumbest student he ever had when Trump only had a celebrity status.
And, while I don’t think Fred Trump bought Donald’s degree outright, Donald got his degree in a time of lesser academic rigour. The famous “Business Schools” of today were only beginning to be what they are now instead of essentially finishing schools for the sons of already wealthy families, who were expected to carry on the family businesses. Therefore, everybody passed, eventually.
I am not sure what Jerome Powell has to do with building contracts but the renovation of two (admittedly fine and handsome) buildings costing up to $2.5 billion – the equivalent of Versailles – does look suspect. And what does the Federal Reserve do all day to require two substantial buildings? Modern day empire building by bureaucrats may be coming to an end.
It’s the original building, Will. 1930’s. Trump, our current President, wants classical style buildings renovated or built new. It’s an update job. Contractors (are you a contractor, Will?), don’t know what they’re going to find when they dig into an old building. Contributing to cost over runs are the discovery of lead paint, asbestos, ancient heating systems and price increases from original estimate.
Doing the best they can with what they got. How much is the new East Wing of The White House going to cost? I’ve not seen cost estimates yet for that construction.
@Will, I worked in historic preservation for 10 years as director of historic sites with multiple buildings (former Virginia plantations turned museums). After a few years’ experience with restoring old structures I developed a rule of thumb: take the original estimate and triple it. Once you pull up one floorboard you discover every is rotten or undermined underneath. My rule of thumb proved spot-on when my husband got involved in restoring an early 20th century Washington, DC mansion turned private club. Yes — the ultimate costs proved about triple the original estimates.
Anyone with any knowledge of restoring or modernizing (that’s an even bigger, more costly can of worms) significant historic structures would understand this. This threat of criminal charges is clearly a Trump pressure campaign. Jerome Powell has it right. (Apologies for lack of astrology.)
Jerome Powell is one of the best Fed’s chairs in years, he had served under both Republicans and Democrats Presidents, he has served with distinction. He is not politically bias, he is serving in the interest of the country, not his own nor political interest. This so called criminal investigation has been criticized by bipartisan lawmakers. In economic terms, he is right by cutting interest rates slowly, the US economy is not doing well. he does not have much room to cut interest rates aggressively. What is causing the Fed’s pressure is the global tariffs that Trump implemented illegally, if you look at inflation, unemployment and economic activity in general, it clearly shows that the US economy is going down, downward trend. Even by now Jerome Powell should not be cutting interest rates anymore. He is doing a great job considering the dilemma he finds himself in when it comes to rate cut decision. Looking at Jerome Powell’s birth chart now, he has transiting Jupiter crossing his Uranus in Cancer, he is likely to survive Trump and his DOJ. That criminal case is politically motivated, it a revenge plan. Trump’s birth chart keeps showing a stressful health, with Pluto going deeper into Aquarius this year (5 degrees), he is not likely to finish this year of 2026, as the US President. His health might force him out of office.
Sorry, not astrology based. but pertinent.
Donald Trump is certainly a ……
He graduated from an Ivy League University (University of Pennsylvania) with an undergraduate degree in Economics. He knows better or maybe he never paid attention in class. Whichever.
Any moderately intelligent econ major knows that the Fed Reserve balances limiting inflationary pressures with maximum employment for the good of the overall economy of the USA and the associated banking system. There are structural limitations to achieving that balance one of which is political interference due to the election cycles. That’s the core of the problem in the US economy now.
If the US Supreme Court rules against him on tariffs soon it will destroy his economic policy program going forward,
Hold on to your hat.
Trump clearly doesn’t understand how economy works, it is really strange that he has a degree in Economics, he seems clueless based on his tarrifs decisions, and he just expects economy to grow out of the blue. i agree, he probably bought his degrees. By the way his tarrifs are not going to stay, Supreme Court is going to rule against them, most likely in February based on Astrology. We can expect more chaos.
Several Republican Senators stated they will block any of Trump’s appointments to the Fed unless this issue is resolved. Any astrological reason that Republicans are growing spines?
Just a point of information, Powell’s term as chair of the Federal Reserve ends in May, but he can remain on the Fed’s Board of Governors until his term there ends in January, 2028. Personally I hope he stays, especially to deprive Trump of another appointment to the Board.