Fed Insider Admits To Helping Powell Undermine Trump On Hidden Camera

If political partisans can capture a department like the Fed and work with ZERO accountability or transparency… how can a Constitutional Republic allow that department to continue?

If the Fed has become a cesspool of technocrats who see themselves as unaccountable, and whose job it is to defend the system from those who were actually elected to run it, the only real options for a responsible government that is responsive to the will of the people should be to dismantle or destroy that department.

Either way, they should root out and fire everyone connected to it.

Here we have a government employee — appointed by President Trump — who was actively working to undermine the policies of the duly-elected President of the United States of America.

One of James O’Keefe’s undercover agents brought a camera on a date with Aurel Hizmo, Principal Economist Real Estate Finance Section, Research and Statistics Federal Reserve board.

What he said when he thought nobody was looking was VERY revealing — not only about his own biases (and those of his Trump-appointed employer) — but about what’s really going in behind the curtain at one of the most opaque departments in the entire government.

Key ideas from the conversation that give a flavor of what was said are captured in a just a few screenshots from the video:

They don’t like Trump:

They see their job as to block or counter any government policies that are ‘too’ conservative.

It shouldn’t surprise us that this guy doesn’t know of ANY conservatives working in his department. And they are going out of their way to elevate DEI and environmental priorities, which have NOTHING to do with the mandate they were given.

They care about how they are seen by their peers and how they think their names will be remembered in history.

Do you know what’s missing from all of those priorities? The humility that goes along with understanding the role of a public-fricken-servant.

Here is the video James O’Keefe released in his tweet:

And here is the text he used to describe it, in his own words. Since it gets cut off when you embed the tweet, we’ve just copy/pasted the full statement.

REAKING, INSIDE THE FEDERAL RESERVE: Hidden Camera captures Principal Economist @federalreserve talking about Jerome Powell’s legacy as “somebody who held the line against like, Trump.” The influential agency responsible for maintaining a stable monetary system appears to not just be establishing interest rates, but to be setting policies for desired social outcomes.

“Under Powell, the Fed has changed to think about equity issues, like racial issues, think about wealth inequality as part of the mandate, as part of the things we are following. Think about climate change.” Aurel Hizmo, Principal Economist at the Federal Reserve, who prior to working at the Fed was an Assistant Professor
@NYUStern and received his PhD in Economics from @DukeU, helps write speeches for Federal Reserve Board Chair Jerome Powell for the Federal Open Market Committee.

Hizmo says “Trump is just a crazy person” and conservatives are “dumb” as he describes to OMG’s American Swiper Citizen Journalist a politicized Federal Reserve Board where Powell has promoted ESG issues like climate change and “wants to be remembered in history” “as a savior.” But shhh…don’t tell anyone because Hizmo says: “I’m just really worried that I’m saying stuff that’s classified…It’s all classified.”
@RonPaul @RandPaul

Something tells me the phrase #EndTheFed is about to start trending again.

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