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The Fed Keeps Expanding Its Powers and That's Making Some People Nervous

Nowadays, well, things have changed.
In recent months, the Fed has extended its responsibilities as a bank regulator to the fight against climate change. Where once the Fed used its power over interest rates to control inflation and keep borrowing costs low, it now is taking on the role of making sure job gains are spread equally among income, racial and gender groups.
If this doesn t sound like your parents Fed, or even legendary former Chairman Paul Volcker s, you re not alone.
Wall Street increasingly has noticed the central bank s expansion of its mandate, and some are none too happy about it. ....

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The Fed Keeps Expanding Its Powers and That's Making Some People Nervous

The Fed Keeps Expanding Its Powers and That's Making Some People Nervous
nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.

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Maya Angelou to be among first women to appear on the quarter

Don t show me this message again✕
FILE - MAY 28, 2014: It was reported that poet and author Maya Angelou died at age 86 on May 28, 2014. WINSTON-SALEM, NC - MAY 20: Poet Dr. Maya Angelou celebrates her 82nd birthday with friends and family at her home on May 20, 2010 in Winston-Salem, North Carolina. (Photo by Steve Exum/Getty Images)
(Getty Images)
The likenesses of Maya Angelou and Sally Ride will soon be featured on the tails side of a series of US quarters.
Beginning in January 2022, the poet and the astronaut will be on the first of a series of quarters to feature prominent women as part of the US Mint s American Women Quarters Program. ....

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Calls Rise for Louis DeJoy's Removal and for Major Postal Reforms

On Wednesday, February 24, the House Committee on Oversight and Reform will hold a hearing on options for reforming the US Postal Service to help ensure it delivers the services Americans rely on and need. The committee has invited the Postmaster General, Donald Trump’s appointee Louis DeJoy, and others to testify about the failures at the post office.
Many lawmakers and concerned citizens have renewed calls to remove him from his post, which has no term limit. He could stay in that post for decades, like a Supreme Court justice, unless removed. Thirty-four Democratic Senators also wrote a letter to DeJoy this past week about the severe delays in the delivery of mail over the holidays and other disruptive changes he made before the election. ....

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Larry Kudlow: Fox Business Debut Draws 40% Increase in Total Viewers

Larry Kudlow: Fox Business Debut Draws 40% Increase in Total Viewers
thewrap.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewrap.com Daily Mail and Mail on Sunday newspapers.

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