i believe that jake powell is not terribly political. he has been doing a very good job over the past, i don't know, a year now, of communicating. it is a dual mandate. now, he is saying it is in balance and so forth. he was crystal clear that inflation has to stay at a level that resembles 2%, or get near 2% and not go higher. if that happens, there could be real disappointments. the good news is, i don't think it will go terribly much higher. another reason i feel that way is the bloomberg commodity index just remains in a protracted downtrend, 200 moving average just keeps dropping and it is below its 200 day moving average. that would not be a catalyst for inflation. the last thing i want to say about commodity prices, with all of these tensions, iran, retaliation, already wars in ukraine and israel, it is interesting that the price of oil does not really go up. that would be indicative of a weakest global economy. we know that europe is acting like it is in recession, we know that china has not been doing well lately. it looks like

sidney powell: the dominion voting systems were created in venezuela at the direction of hugo chavez to make sure he never lost an election. jake tapper: after she was sued by dominion, powell's attorney eventually conceded that powell lied saying that, "no reasonable person would conclude that her statements were truly statements of fact". but long before that happened, the president's attorney general, bill barr, was investigating all of trump's fraud claims. bill barr: a little getting awkward because obviously he had lost the election and-- jake tapper: barr said he made it clear to donald trump at a november 23rd meeting that he had lost. bill barr: our role is to investigate fraud, and it's just not meritorious. they're not panning out. speaker: he was going to win in spite of all the fraud-- jake tapper: but spurred on by the most ardent election liars, including many in maga media-- speaker: clearly the president won this election. jake tapper: --donald trump would not listen to reason or fact. maria bartiromo: where is the doj and the fbi in all of this, mr. president? donald trump: missing in action. bill barr: this g