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NY Fed’s Intimacy with Wall Street Raises Concerns

“[T]he [New York Federal Reserve] bank is so close to Wall Street — physically, culturally and intellectually — that some economic experts worry that the New York Fed puts the interests of the financial industry ahead of those of ordinary Americans.” (Washington Post, Monday)

They’re just starting to worry?

FEE Timely Classic
“Of, By, and For the Elite” by Sheldon Richman

Sheldon Richman is the editor of The Freeman and "In brief." He is a contributor to The Concise Encyclopedia of Economics.