The people think that the most important institutions at the national level are the President and Congress. I believe that they are the Federal Reserve, the Financial Accounting Standards Board (FASB), and the bond rating agencies.
Sherman argues that the Federal Reserve and bond rating agencies are crucial national institutions.
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Is there any reason we should be bombing Iran because they won’t agree to limit their nuclear program while telling Saudi Arabia we give them the green light and they don’t even have to agree to these additional inspections?
Can I be assured that you are getting more input from Americans than Europeans in writing these rules?
Perhaps the worst slogan I have heard in politics is, 'defund the police.' The SEC is the police department of our $100-trillion capital markets.
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