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 ...

Would you just offer up what your opinion would be uh on firing JPL if the president were to do that. Do you think that would be a good idea or would you dissuade him from that. Uh look uh Joe, I I think that what we need to do is examine the entire Federal Reserve institution and whether they have been successful.I I'm speaking actually I'm going to be in the building this evening. Uh there is a regulatory conference that begins tomorrow. Uh I I'm the keynote speaker tonight talking about regulation.Uh the ...

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 ...

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 ...