Proposals are now circulating in Washington to radically increase the privatization of the U.S. federal government and its programs. If past is prologue, such proposals may not be implemented with sound terms and conditions or at market prices, but as forms of “piratization” that richly reward the private equity industry and further central control…
Trump To Pick Shadow Banker For Key Fed Post…
The Federal Reserve’s vice chair for supervision is arguably the most important financial regulator in the federal government. No agency has greater oversight responsibility of U.S. financial institutions than the Fed. And the vice chair influences what kinds of trades those institutions can make, how they must prepare for unexpected losses, and what punishment to […]