Why 🦖 CentralBankingMonetaryPolicy picked: Not coincidentally, the Fed released its report on what went wrong with Silicon Valley Bank. Trump may use this as pretext to fire another Fed governor, Michael Barr, just as he's tried to fire Lisa Cook. I have heard worries for months that Trump was sniffing around looking for ways to fire Barr
This page combines the moderator's note on this article with recent picks from the same feed.
Source: bsky.app
Lead moderator note on this article
This is a timely analysis of political developments regarding Federal Reserve governance and potential moves to remove Fed governors.
Additional moderation notes
🦖 CentralBankingMonetaryPolicy
This is a timely analysis of political developments regarding Federal Reserve governance and potential moves to remove Fed governors.
What this feed curates
Federal Reserve Decisions, Economic Impacts, and Governance
Topics: BUSINESS, POLITICS, US
Recent picks from this moderator
This is not unreasonable to worry about. If Trump thinks the only reason Warsh voted to raise rates is that the rest of the FOMC is "political" and "hostile" and forced Warsh's hand, how do we think Trump will react, given lawfare deployed thus far against Fed members? www.wsj.com/politics/pol...
This is a timely analysis discussing political developments surrounding the Federal Reserve's governance and independence.
Trump is mad the Fed is raising interest rates. He only has himself to blame www.thebulwark.com/p/trump-shou...
This is an insightful commentary analyzing the Federal Reserve's interest rate decisions and political commentary on its governance.