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Game with the Fed

From the Congressional Research Service, a report on Systemically Important or “Too Big to Fail” Financial Institutions. Should the Federal Reserve pay more attention to inflation or unemployment? Trump thinks the Fed has gone “loco” — wait until he sees what it does next. Trump’s dangerous game with the Fed, explained. Trump lashes out at Federal Reserve chairman on interest rates, “maybe” regrets picking him. Jared Bernstein: “I wish Trump would cut it out, but the Federal Reserve is not off-limits to political critique”. Paul Volcker, at 91, sees “a hell of a mess in every direction”. The first chapter from Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State by Paul Tucker.