US Federal Reserve and Treasury accused of losing sight of their financial market role
Katharina Pistor argues the US Fed and Treasury have become detached from their central responsibilities in financial markets.
A commentator has criticised the US Federal Reserve and US Treasury, suggesting they have lost focus on their core role in financial markets. Pistor contends that while these institutions are not independent, they appear to have overlooked their central responsibilities.
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The US Fed and the US Treasury are in denial
Katharina Pistor thinks the US Fed and the US Treasury have lost sight of their central, but not independent, role in financial markets