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Slate Money | Sycophantic Suck-Up Machines

Slate Technology

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Controversies at the Fed: Power and Independence

This chapter examines the tensions surrounding a Federal Reserve governor facing personal legal challenges, highlighting the perceived political motivations behind accusations of misconduct. It discusses the Fed's limited ability to publicly defend her, the implications of silence on the institution's reputation, and the overall threat to Fed independence. Additionally, the chapter explores the recent performance of financial markets, the role of journalists in shaping market understanding, and how political influences affect market sentiment.

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