Chris breaks down why the Federal Reserve is powerless to rein in inflation and interest rates, pointing the blame squarely at Washington's refusal to cut spending. He critiques Jay Powell for failing to call out the real issue—unchecked government debt and pork-laden budgets like the latest omnibus spending bill. Markowski offers a simple recipe for lowering rates and inflation, emphasizing the need for fiscal discipline in Washington. www.watchdogonwallstreet.com