by Someone with the Democrats is going thru these guys financial disclosures and dropping these stories into the press… these 3 have been outspoken critics of the current Fed policy of “providing accommodation” via asset purchases and zero interest rate… they all want to “taper!” sooner rather than later…So these guys are going to get thrown out and the Fed is going to get re-staffed with new Democrat oriented people…. It was Trump who first politicized the Fed now Dems are just following suit it’s fair play…This development is not bullish the interest rate and maybe not even bullish the “taper!”… the Biden people will appoint others who will “provide accommodation” to support the Biden admin…Another top Fed official busted on trading: VC Clarida traded between m-m out of a bond fund
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Someone with the Democrats is going thru these guys financial disclosures and dropping these stories into the press… these 3 have been outspoken critics of the current Fed policy of “providing accommodation” via asset purchases and zero interest rate… they all want to “taper!” sooner rather than later…
So these guys are going to get thrown out and the Fed is going to get re-staffed with new Democrat oriented people…. It was Trump who first politicized the Fed now Dems are just following suit it’s fair play…
This development is not bullish the interest rate and maybe not even bullish the “taper!”… the Biden people will appoint others who will “provide accommodation” to support the Biden admin…
Another top Fed official busted on trading: VC Clarida traded between $1m-$5m out of a bond fund into stock funds one day before Powell issued a statement flagging possible policy action as the pandemic worsened, his 2020 financial disclosures showhttps://t.co/ufuNWKRCaz
— Saleha Mohsin (@SalehaMohsin) October 2, 2021