Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

limpyhobbler

(8,244 posts)
Mon Aug 19, 2013, 01:01 PM Aug 2013

Liberal Litmus Test? Sanders & Warren job interview questions for the next Fed Chair



Question 1: Do you believe that the Fed's top priority should be to fulfill its full employment mandate?

Question 2: If you were to be confirmed as chair of the Fed, would you work to break up "too-big-to-fail" financial institutions so that they could no longer pose a catastrophic risk to the economy?

Question 3: Do you believe that the deregulation of Wall Street, including the repeal of the Glass-Steagall Act and exempting derivatives from regulation, significantly contributed to the worst financial crisis since the Great Depression?

Question 4: What would you do to divert the $2 trillion in excess reserves that financial institutions have parked at the Fed into more productive purposes, such as helping small- and medium-sized businesses create jobs?
...
http://www.huffingtonpost.com/rep-bernie-sanders/four-questions-for-fed-ch_b_3740369.html
Latest Discussions»General Discussion»Liberal Litmus Test? Sand...