4min chapter

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#38: Danielle DiMartino Booth On The Future Of The Federal Reserve

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Ramifications of the Fed's Merger With the Treasury

Jesse Jackson: It's a precedent we've never seen in the history of the Fed. The ramifications are a gigantic unknown because again, we don't know how this is going to play out on the global stage. But there has to be recognition that there was a leveraged buyout of the Federal Reserve system under Stephen Mnuchin," he says. "I can tell you that Christmas Eve 2018 left Federal Reserve a scarred entity"

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