


Grotesquely illegal, but that something you can say about virtually anything the Biden administration is doing on any given day. The same folks lecturing us about “political norms” make violating them into their general practice.
Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.
The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the “dangerous consequences of the current brinkmanship,” one of the sources said.
What are the odds any of those CEOs are donating to congressional Republicans? About the same odds as Yellen being an unprincipled leftist in charge of wrecking our economy while sanctimoniously lecturing us about fiscal responsibility.
It’s not the Treasury Secretary’s job to make political calls to business leaders about a political issue. It’s actually one of those red lines that amount to abusing her office for political campaigning.
Yellen’s actions are not random. They’re part of an organized campaign within the administration and the media to recruit CEOs to condemn and pressure Republicans to perpetuate the sustained inflationary spending.
(Connecting the debt limit fight to inflation is an urgent issue and one Republicans have, once again, badly failed to message on.)
While the sources did not spell out her purpose, Biden administration officials have been speaking to business owners about pressuring Republicans to raise the debt ceiling without conditions.
It’s one thing for some officials to do it, but Yellen is exploiting her office and specific role to do it. That’s campaigning. It’s illegal,but as we all know, political norms are for Republicans.