Comment on Lizzie Warren Took An Axe And Gave The Fed Chair 40 Whacks

Lizzie Warren Took An Axe And Gave The Fed Chair 40 Whacks

Oh my. Sen. Warren has written a 15-page letter to Fed Chair Jerome Powell about the SVB bank failure and surrounding issues, and you can see where protege Katie Porter learned her moves. Whew! And footnotes, lots and lots of footnotes! You can read the entire thing here. The banks’ executives – who took too many risks, and failed to protect their customers – are the primary agents responsible for their failure.

 

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