Trump’s Effective Intimidation of the Powerful Federal Reserve + Big Pharma: Gouges, Casualties, and the Congressional Remedy! by Ralph Nader

Capitalism Kills - Kill Capitalism

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Dandelion Salad

by Ralph Nader
The Nader Page
August 2, 2019

The Federal Reserve (the Fed) – the United States’ version of a Central Bank – is a strange duck. It is the U.S. government’s most powerful regulatory agency. It, after all, regulates money and interest rates. Yet, its budget comes entirely from the banking industry and relationships with the financial industry. So Congress, which appropriates money for all other federal agencies, has little leverage over the Fed’s operations.

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