I've never seen a more radical nominee to be a Federal regulator.
She wants to effectively 'end banking' as we know it.
I have never seen a more radical nominee to be a Federal regulator, and I will be using her words.
This article, accordingly, advocates full migration of demand deposits onto the balance sheet.
the powers of the Comptroller of the Currency are enormous, powers to decide who gets to open a bank account and who doe...
This, she allows, could be perceived as the Government 'taking away' people's money.
For starters, we know she wants to, and I quote, 'effectively `end banking' as we know it,' end quote.
My concern with Professor Omarova is her long history of promoting ideas that she herself describes as, quote, 'radical,...
Countless Americans were outraged over recent Democrat plans for the IRS to get their personal bank account information.
The idea that we would put a person with these views as the chief regulator of America's national banks, with the enormo...
The article outlines a series of structural reforms that would radically redefine the role of a central bank as the ulti...