Workflow
financial stability
icon
Search documents
Summers Backs Bessent on Questioning Fed ‘Overreach’
Bloomberg Television· 2025-07-22 19:38
There are three categories of issues that should be distinguished when we talk about Fed independence. The first is monetary policy setting the interest rate, deciding how much fuel's going to be given to the economy versus restraint for inflation. History teaches that the Fed should be autonomous and independent there, and that when the political process gets in their way, the result is more inflation, less economic stability and ultimately higher interest rates.That lesson is clear and needs to be insiste ...
Treasury Secretary Bessent calls for a review of 'the entire' Federal Reserve
CNBC Television· 2025-07-21 14:15
Federal Reserve Assessment - The speaker suggests examining the entire Federal Reserve institution to assess its success [1] - The speaker questions whether the Federal Reserve has succeeded in its mission, drawing a parallel to the FAA and suggesting a need to investigate mistakes [2] - The speaker criticizes the Federal Reserve for not being able to break out of a certain mindset, questioning the work of its PhD economists [3] Monetary Policy & Regulation - The Federal Reserve deals with monetary policy, regulations, and financial stability [2] - The speaker is scheduled to be the keynote speaker at a regulatory conference, discussing regulation [1] - The speaker notes that despite fear-mongering over tariffs, there has been very little, if any, inflation, and that inflation numbers have been great [2][3]
X @Decrypt
Decrypt· 2025-07-09 14:17
RT Sander Lutz (@s_lutz95)🚨NEW: This morning, the Senate Banking Committee will hold a hearing on crypto market structure legislation. I’m hearing Elizabeth Warren, top Dem on the committee, will announce she would support a bill if it meets these 5 criteria:“1. Protecting our bedrock securities laws;2. Providing basic investor protections;3. Preserving our financial stability;4. Requiring crypto actors to implement commonsense anti-money laundering and sanctions enforcement programs; and5. Stopping public ...
X @Ansem 🧸💸
Ansem 🧸💸· 2025-06-29 02:40
RT nftimm (@nftimm)Had a pretty emotional moment driving with my 10-year-old son today.We were on our way to our new house in the countryside — a house where he finally gets his own bedroom after years of sharing with his sister… after a season when we had to move back in with my parents because we couldn’t afford rent.As we pulled into the driveway — big back garden, double garage, more bedrooms and living spaces than we ever dreamed of — in our new car (not the old battered one that used to break down on ...