Press Cover-Up for Jay Powell Is Like the One for Biden

Plus, China and the U.S. solar grid; Saudi Arabia and the neocons; higher-ed bloat

It was Powell who started holding those press conferences after every single Fed Open Market Committee meeting. It creates a power dynamic.

The publication of a new book by Jake Tapper and Alex Thompson, “Original Sin: President Biden's Decline, Its Cover-Up, and His Disastrous Choice to Run Again,” has generated a round of recriminations about the press’s giving President Biden a pass for his physical and mental frailty.

Will a similar reckoning await for the media cone of silence around the chairman of the Federal Reserve, Jerome Powell?

A Republican senator from Florida, Rick Scott, is displaying some courage by standing up to Powell. Scott is no fringe or obscure figure—he’s a former governor of Florida who built a major healthcare company, Columbia/HCA.