Next week, as Breitbart has reminded us, the global movers and shakers will gather at Davos for the 53rd annual meeting of the World Economic Forum.  One quite expects that green virtues will be signalled as never before.  But what was not expected was a very firm contrary statement yesterday from US Federal Reserve chairman, Jerome Powell:

Central banks risk undermining independence by wading into social issues and seeking to tackle climate change, the head of the US Federal Reserve has warned.

Jerome Powell said it was essential that institutions “resist the temptation” to wade into “social issues” that go beyond their remit.

... Mr Powell singled out climate change as an “inappropriate” topic for unelected central bankers to address.

He told the audience in Stockholm: “We should stick to our knitting and not wander off to pursue perceived social benefits that are not tightly linked to our statutory goals.

“We [Federal Reserve] are not and we will not be a climate policymaker.

“Taking on new goals, however worthy, without a clear statutory mandated would undermine the case for our independence.”

Powell is a registered Republican, appointed in 2018 by Donald Trump.  But it is difficult to see Powell’s statement as motivated by anything but the strict fiduciary duty of a financial servant of the American people, and difficult to see strict fiduciary duty as in any way consonant with the new global order which the Washington Establishment and, indeed, the entire Western Establishment is striving to bring into being.  I would like to be able to link this new regard for staying on the financial reservation to the defence of Western national interests which informs support for Ukraine.  But I can’t see the link, and Western national interests are absolutely not on the globalist play-list.

So, a simple question: why is Powell moving away from the Davos agenda?