Jerome Powell Responds To The Federal Reserve Being Subpoenaed As DOJ Launches Criminal Probe

1:35 "Focused solely on our mandate of price stability and maximum employment", before swallowing. Because he FAILED big time on both accounts. Start by allowing 100% reserve banking, and look how the bad banks will go bankrupt, just like any other company that makes bad choices. Only then can the people start to gain trust again in our financial system, and only then will the public be freed from the burden of the risks other people chose to take. And end this cycle of profit privatization together with cost socialization. Enough is enough.