Read the sign at my elementary schools nurse. Chubby old Miss. Warga, bless her soul. It was one of those days I cursed and swore my day through though it was all stupid shit.
Day: April 4, 2025💾
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‘We are strictly nonpolitical’
It turns out there's a reason why Federal Reserve Chair Jerome Powell is always wearing a purple tie at his press conferences.
"At the beginning, the only significance was that I liked purple ties," Powell quipped during a moderated Q&A interview on Friday. "But I will say, for the next press conference, I reached for a blue tie or a red tie, and [went], 'Maybe not,' you know?"
Powell said the importance of Fed independence served as a key catalyst for his color selection.
Historically, red is a color most often associated with Republicans, while blue is associated with Democrats.
"We are strictly nonpolitical. I can't stress that enough," Powell said. "It's not that we're bipartisan. We are nonpolitical. We don't do that. And so purple was a good color for that, that's all. Plus, I like purple ties."