DAVID FABER (CO-HOST): You know, Powell fights and he is clearly doing that here, Jim. We should point out as well, though, that this is an administration whose Justice Department has chosen to prosecute others who are perceived to be enemies of the president, and has failed, actually, in at least one instance I’m aware of, to even get indictments for those prosecutions or potential prosecutions, which is extremely rare.
JIM CRAMER (CO-HOST): Right. Well, look, the Nixonian thing, I mean, it does feel like a combination of McCarthy, and that’s Sen. McCarthy, and Nixon, when you decide that you don’t like someone, and the Justice Department is moderately independent, but not totally independent — you can go after people. You can savage their lives. I mean, I think that Jay Powell’s life is about to be savaged by the president of United States. I think the president could say the Justice Department looked into this and decided that the contractors were directly related to doing whatever Powell did. I think it will be fatuous, but it doesn’t matter if it’s fatuous. Carl, when you’re indicted by the Justice Department, you’re not the same person. You’re not. You’re a person who basically just says, I don’t want this job. And the new Fed guys, I guess they just say, you know, I lower rates, no indictment, I raise rates, maybe an indictment.
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