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Tuesday, October 22, 2013

Monetary

News                                                                                                                             
Politico | A chance to reshape the Federal Reserve
In the coming months, President Barack Obama will have the opportunity to make over the Federal Reserve Board of Governors and put his stamp on the U.S. central bank for years to come.
Bloomberg | Fed Got in Trouble With Transparency, Ferguson Says
Roger W. Ferguson, a former U.S. Federal Reserve vice chairman, said the Fed’s push for transparency amid quantitative easing tripped up the central bank this year.
CNBC | Alan Greenspan: ' The system is broken'
For 18½ years as Federal Reserve chairman, he was celebrated for helping drive a robust U.S. economy. Yet in the years after he stepped down in 2006, he was engulfed by accusations that he helped cause the 2008 financial crisis—the worst since the 1930s.