Political Quotes

Mick Mulvaney: “I think that one of your Fed economists said it could be as much as $20 billion to $60 billion in money that will flow…”

On the recordFebruary 24, 2015
I think that one of your Fed economists said it could be as much as $20 billion to $60 billion in money that will flow to the large banks that have the excess reserves.
Said by
Mick Mulvaney
Republican · South Carolina

Editor's note · Context

Mulvaney discusses potential wealth transfer from Federal Reserve policy affecting large banks.

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