22min chapter

Macro Musings with David Beckworth cover image

Senator Pat Toomey on Fed Governance, Monetary Policy, and the future of Digital Assets

Macro Musings with David Beckworth

CHAPTER

Navigating Federal Reserve Reform

This chapter explores the intricate process of amending the Federal Reserve Act, highlighting the significance of bipartisan support and the legislative hurdles involved. The discussion delves into the evolving regulatory landscape concerning financial institutions, particularly in relation to stablecoins and Central Bank Digital Currencies. Additionally, it emphasizes the need for transparency and accountability in the Fed's regulatory activities amidst a changing political climate.

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