Not 25, Not 50... but ole Liz Warren is urging Jerome Powell for a 75bps cut. Here is the full letter if you're interested in reading:

https://www.warren.senate.gov/imo/media/doc/warren_hickenlooper_whitehouse_letter_to_fed_re_september_rate_cut.pdf

#banking #interest #finance

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Liz Warren is taking a page out of my playbook to take credit for stuff that's just going to happen anyway.

She's become the worst. Talk about someone that came in a completely different person from her final form.

Actually I probably just don't know how it works. Maybe senators need to request lower interest rates to lay logical/legal framework for Fed to act. It's probably democratic formalities that Ms Warren was kind enough to complete on behalf of the nation.

But too bad she doesn't join the Bitcoin party. Who knows, maybe she's next?

Stock market running out of juice? Maybe she has a large bond position she needs to pop.

Maybe her best buddy Jamie called in a favor?