Warred grills Fed Chair on another interest rate hike

She grills Powell on his proposal to yet again raise interest rates. His excuse is that it's to curb inflation but does it? She notes that 12 times in the past when the Fed raised rates at the proposed level, every one of them led to a recession. Powell has to agree because it's a fact. 

So why TF is he going to follow through with another raise that will put 2 million more people out of work and cause a recession? Hartmann has a plausible answer:

"So what's Powell's real motivation? 'Help Powell’s GOP colleagues win back control of Congress.' Who is Powell? 'A former longtime private equity executive and Republican donor' whose rate hikes are 'a boon to Powell’s allies in corporate America, both by increasing unemployment and reducing the risk of unionization, and putting his fellow Republicans into power on Capitol Hill.'" 

"So why are the only Democrats making us aware of this manipulation Sanders, Warren and a few others while the rest remain silent? 'Top Democrats are more eager to maintain good relations with powerful corporations and the ultra-rich than preserve their Congressional majorities.' They're willing to sacrifice our democracy for blood money. How sick is that?"