Federal Reserve Chairman Jerome Powell takes his seat to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, U.S., July 15, 2021. REUTERS/Kevin Lamarque The writer is former Chair of the FDIC and former Assistant Secretary of the U.S. Treasury for Financial Institutions. More and more informed observers are asking why, after 13+ years of the Federal Reserve’s increasingly… Source link
Read More »A Fed-issued digital dollar could print money — for the people
