Senator Confronted Over Call For Jerome Powell To ‘Cash In’ On Fed Post. You Won’t Believe His Response

Republican North Dakota Sen. Kevin Cramer said Tuesday that Americans are “cynical” toward elites who only make a “little bit” of money.

Cramer claimed that Federal Reserve Chairman Jerome Powell should “cash in” on his role at the agency, which prompted “Squawk Box” co-host Andrew Ross Sorkin to say the American people would not approve of such an idea. Cramer said he is concerned about the public’s cynicism toward those elites who just happen to make some money while in a powerful position.

“That said, what I worry about, Andrew [Ross Sorkin], is that as a nation, we are cynical toward........

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