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Maroc Maroc - WN.COM - Americas - 18/Jan 16:29

Undermining independent institutions in the US and Cyprus

Donald Trump has continued his aggressive tactics well into the second week in January. After the military coup in Venezuela and the unrelenting push to take over Greenland, he has moved on to a coup of a different kind, that of controlling the US Federal Reserve (Fed). Last Sunday the Fed received grand jury subpoenas that threatened a criminal indictment linked to chairman Jerome Powell’s congressional testimony outlining renovations at the central bank’s headquarters. Nobody, of course, believes that the reason for the action has anything to do with the cost overruns. This is the same playbook used to overthrow Maduro in Venezuela, claiming that it was about drug related offences. The...

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