All Commentary
Tuesday, May 25, 2010

Fed Is Winner in Senate Financial Overhaul


“The Federal Reserve, a target of bipartisan bashing during the past two years, has emerged a big winner in the financial overhaul passed by the Senate, but the broader powers granted by the legislation expose the central bank to new risks.” (Washington Post, Tuesday)

The ways of Washington: Failure is rewarded.

FEE Timely Classic
“Financial Crises and the Federal Reserve’s Punch Bowl” by Chidem Kurdas