With remarkably little fanfare, an enduring progressive political fairytale has been debunked by an insider. The Federal Reserve System was created in 1913 under progressive president Woodrow Wilson, as one of those supposedly politically neutral federal bureaucracies run by technocrats in the interest of the greater good. It was to take monetary policy decisions out […]
Fed Chair Powell Must Denounce Politicization of the Fed…
Former NY Fed President Bill Dudley’s OpEd: The Fed Shouldn’t Enable Donald Trump…
John Williams Named Next New York Fed Chair…
As was widely expected thanks to several leaks to the Wall Street Journal, San Francisco Fed President John Williams has been named president of the (far more influential) Federal Reserve Bank of New York: It’s considered one of the most powerful positions within the Fed system – sometime even more so than the Fed chair […]