The swamp is circling the wagons around the Federal Reserve after National Economic Council Director Kevin Hassett had the audacity to suggest that New York Fed staff should face consequences for publishing a hit piece masquerading as economic research on President Trump's tariff policies.
Hassett's Wednesday comments calling for New York Fed employees to be "disciplined" for their biased anti-tariff report has triggered the predictable pearl-clutching from establishment types who suddenly care deeply about "Fed independence" - the same crowd that stayed silent when the central bank was doing Democrats' bidding for decades.
Let's be crystal clear about what's really happening here: The New York Fed, staffed with Obama and Biden holdovers, published a report designed to undermine Trump's America First trade agenda. When a senior Trump official calls them out for their obvious bias, suddenly everyone's worried about "political independence."
The Fed's Phony Independence Myth
Where was this concern for Fed independence when they were propping up Wall Street during the 2008 bailouts? Where were these voices when the Fed was printing money like confetti to fund Biden's inflation-fueling spending sprees?
The truth is, the Federal Reserve has never been truly independent - it's always served the interests of the financial elite and whatever administration aligns with their globalist agenda. Now that Trump is back and putting America First, suddenly accountability becomes "political interference."
"The American people deserve economic analysis based on facts, not deep state propaganda designed to sabotage our president's policies," one Trump ally told reporters.
Hassett isn't wrong to demand better from federal employees whose salaries are paid by hardworking American taxpayers. If Fed staff want to play politics with their research, they should expect political consequences.
The real question patriots should be asking isn't whether Hassett overstepped - it's why unelected bureaucrats think they can publish partisan hit jobs without any oversight whatsoever. Trump promised to drain the swamp, and that includes the financial swamp creatures at the Federal Reserve.
Will Republicans stand behind Hassett's common-sense demand for accountability, or will they cave to the establishment's fake outrage over "norms" that only seem to apply when conservatives fight back?