From WSJopinion: Sarah Bloom Raskin’s views should trouble Senators who care about the Fed’s independence. And they should especially concern Democrats whose state economies depend on fossil fuels.
President Biden has a chance to remake the Federal Reserve Board of Governors by filling multiple vacancies. This is especially important given inflation’s breakout, yet Mr. Biden’s latest nominees seem less worried about prices than pushing progressive policies that aren’t the Fed’s job.
Mr. Biden on Friday nominated former Treasury official Sarah Bloom Raskin as Fed vice chair for supervision, along with economists Lisa Cook and Philip Jefferson to vacancies on the Board of Governors. All three deserve scrutiny, but especially Ms. Raskin given what would be her regulatory power over banks and finance.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Katy Perry says Orlando Bloom leaves used floss ‘everywhere’ at homeThe singer and the actor got engaged on Valentine’s Day in 2019 and welcomed their now-1-year-old daughter, Daisy Dove, in August 2020.
Baca lebih lajut »
Hollyoaks' Sarah Jayne declares herself 'free' after being fired for OnlyFansThe soap actress has zero regrets over losing her acting job for launching a pay-to-view fan page on the x-rated OnlyFans website – and has even hinted at a secret soap feud
Baca lebih lajut »
Dog waiting for statue to play fetch liked 29,000 times on TwitterVideo captures an eager dog repeatedly trying to play fetch with a statue in the woods.
Baca lebih lajut »
Federal Reserve is in ‘deep trouble’ over 'disaster' balance sheet: Dick BoveOdeon Capital Group chief financial strategist Dick Bove joined “Mornings with Maria” Tuesday, suggesting that the Federal Reserve is in “deep trouble” over its balance sheet and is in one of “the worst” positions he’s ever seen.
Baca lebih lajut »
Joe Biden faces renewed calls on MLK Day to end federal death penaltyDeath penalty opponents will gather outside the Supreme Court to call for the passage of the Federal Death Penalty Prohibition Act.
Baca lebih lajut »
Fed: January's statement likely to signal rates could be lifted at its next meeting – Wells FargoThe Federal Reserve, at the January meeting, will likely tee up the fed funds rate to increase as soon as its next meeting, explain analysts at Wells
Baca lebih lajut »