JP Morgan chief Jamie Dimon sits on the board of the NY Federal Reserve. He knows what the Fed is doing. But Hagan says Congress can’t be trusted with that information because they would leak like a seive and the markets would crash. In the short span of a year, she has decided she doesn’t want anyone to tell her anything, and that we should just trust Jamie Dimon to do the right thing.
That’s. . . delightful.