federal reserve board
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Federal Reserve No Longer Accountable to the Public Under Recovery Law
The COVID-19 pandemic has unleashed a new level of economic strain upon the American public with very little precedent. The United States government has taken action by authorizing massive levels of federal spending. Unfortunately, these efforts are hampered with a lot of shadiness. Politico reports that the recovery law that provides $450 billion in bailout…
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Exclusive: Allied Progress Uncovers Stephen Moore's History of Racist Rhetoric
The Federal Reserve System, founded by Congress in 1913, is the central bank of our beloved United States. In order to promote the effective operation of our economy, as well as public interest, it performs a number of general functions that involve conducting monetary policy, enforcing the stability of the financial system, promoting the safety…
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The Alleged Mistress of Pizza Godfather Herman Cain Is Ready to Describe His Sausage to a Senate Committee
Ginger White is a woman on a mission. And that mission, it appears, is to keep former pizza guru Herman Cain off the Federal Reserve Board, and she’s willing to go as far as describing Cain’s private parts to the Senate Banking Committee. An aside: There are three things in life that I never want…
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Trump Is Losing His Only Black, So He's Considering Adding Herman Cain to the Fed
Earlier this year, Ben Carson, the secretary of Housing and Urban Development, noted that he would most likely be stepping down at the end of the president’s first term. Which means that the president isn’t just losing his personal-walking ASMR station in Carson, he’s also losing his senior most black. While the position as most…
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‘Here I Am, Rock You Like a Herman Cain’: President Reportedly Considering Pizza Boss for Federal Reserve
Looks like Ben Carson might be getting a campus pal as President Donald Trump is reportedly considering Herman Cain for a seat on the Federal Reserve Board. What does the Federal Reserve Board do? Who knows, but we all remember Cain don’t we? He was the black guy that ran for president as a Republican…