Here is what a treasury secretary is supposed to do: work to demystify what is being done with Americans’ money, answer why Wall Street and the Fed do what they do, and why it should matter to us. If anything remains a financial mystery, it’s what happens at the Federal Reserve. Does Fed Chairman Jerome Powell and his over 2,300 staffers use spreadsheets, market trends, an abacus, or tea leaves to set rates? Because from the financial novice or illiterate (raising my hand), their decisions come off as arbitrary, political, or both.
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Janet Yellen: The World Must Spend $3 Trillion to Fight Climate Change—Every Year
As opposed to the former Treasury Secretary Janet Yellen, who maintained the status quo and pontificated on abortion and climate change instead of actual finances, it is heartening to