Political Quotes

Elizabeth Warren: “So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the…”

On the recordMay 17, 2023
So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the leadership, are elected by the very same banks that are regulated by the Reserve bank, and three of those people actually work at the bank, right? That is how this works.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren highlights conflicts of interest in Reserve bank leadership appointments.

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