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Brookings’ Klein on Stablecoin’s Downsides, CBDC Myths and More Fed Cowbell

Banking with Interest

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Is the Fed Gaining Power?

The Fed is constantly asked to do more. At what point is this a problem? If you ask somebody to do things, you create conflicts. Every single Republican supported the Federal Reserve's bank regulatory authority in almost every Democrat. And it would be my hope, but that's an issue for Congress to deal with.

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