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Steven Kelly
StevenKelly49
On Dec. 10, Mnuchin promised @BharatRamamurti a memo describing his Nov 19 legal case for closing the facilities.On Dec. 15, the SIGPR sent Treasury requests for similar info.On Jan. 19
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It seems notable that even in Toomey's original, drastic legislation to claim for Congress a substantial amount of the Fed's emergency lending authority, there was no language preventing the ESF
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The Fed has quietly purchased a solid amount of bank debt.Despite specifically excluding banks from its corporate bond purchase programs, by including ETFs, the Fed has indirectly bought bank debt
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