The Fed turns 100 – and can’t predict the future As Congress prepares for the looming nomination of the next Chairman of the Federal Reserve, Congress has been holding hearings on the centennial of the Federal Reserve and the lessons learned from a century of central banking. Former bank CEO and AEI resident fellow Alex Pollock testified before the House Committee on Financial Services Subcommittee on Monetary Policy and Trade that “The Fed is as Poor at Knowing […]
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