We are in an early form of fiscal dominance where the Treasury is now driving monetary policy rather than the Federal Reserve, and Jerome Powell matters less than Treasury Secretary Janet Yellen in determining economic outcomes.
factualpending
Speaker
Jack MallersEvidence Quote
“I think he maybe did up until you know covid but right now it's it's Janet Yellen I think we're living in some early form of fiscal dominance”
Created: 8/12/2026, 6:49:19 PM
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