"An actual intellect, understood economics, and, you know, to read these things is like you think that he didn't know what he was doing. How about Congress not knowing what it's doing? How about the president's not knowing what he's doing? CNBC ANCHOR CARL QUINTANILLA: Are you saying Powell got a raw deal at the end? CNBC HOST JIM CRAMER: No, I'm saying that it's atrocious what's happened, the press. Atrocio"
Jerome Powell is described as a dedicated public servant who handled difficult economic periods with honor and dignity. His conduct is portrayed as disciplined, with a steady temper and a focus on work above politics. Kevin Warsh is set to succeed Powell after Powell completes his term. Trump’s repeated attacks on Powell and pursuit of a criminal investigation related to Federal Reserve building renovations are condemned as inappropriate. Powell is characterized as an actual intellect who understood economics, and claims that he did not know what he was doing are rejected. Attention is redirected toward failures attributed to Congress and the president rather than Powell.
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