The Man Behind Trump’s Attack on the Fed
Key Points:
- Milo Minderbinder in Joseph Heller’s Catch-22 symbolizes how an unassuming bureaucrat can wield immense power, a theme that resonates with real-world figures today.
- Bill Pulte, who leads a little-known and unpopular government agency, has similarly become a significant force in Washington despite widespread disdain.
- Following Federal Reserve Chairman Jerome Powell’s criticism of subpoenas related to a criminal investigation, Bloomberg reported that Pulte instigated the probe.
- The Washington Post revealed that Pulte traveled with Donald Trump on Air Force One and created a “wanted” poster targeting Powell, highlighting the political tensions involved.