As other Republicans hammer the Biden administration over inflation, Tom Cotton is blaming it on Donald Trump’s poor selection to lead the Federal Reserve. jonathanchait writes
Republicans have been hammering the Biden administration over inflation. Democrats have tried to respond by blaming supply-chain shortages caused by the pandemic. But Republican senator Tom Cotton has a completely different theory: He blames inflation on Donald Trump’s poor selection to lead the Federal Reserve.
Cotton makes this case in the course of explaining his forthcoming vote against Powell’s renomination. And obviously, Cotton is not trying to blame Trump . But, while anything Powell does in his second term will be on Biden, the reason Powell has the job in the first place is that Donald Trump appointed him.
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