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Still think the Fed is a private corporation?

Summary:
Pressure from 2 U.S. Senators just forced the Fed to abandon any additional regulatory forbearance to the banks.

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Pressure from 2 U.S. Senators just forced the Fed to abandon any additional regulatory forbearance to the banks.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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