the next Fed chair will have enormous power and influence over our economy and financial system. That’s why Sens. Bernie Sanders and Elizabeth Warren teamed up to write four must-answer questions for the next Fed chair nominee—whoever it may be. Please join Daily Kos, Sen. Bernie Sanders, and Democracy for America to demand answers from the next Fed chair on these four vitally important questions. Here are the four must-answer questions that Sanders and Warren came up with: Question 1: Do you believe that the Fed’s top priority should be to fulfill its full employment mandate? Question 2: If you were to be confirmed as chair of the Fed, would you work to break up “too-big-to-fail” financial institutions so that they could no longer pose a catastrophic risk to the economy? Question 3: Do you believe that the deregulation of Wall Street, including the repeal of the Glass-Steagall Act and exempting derivatives from regulation, significantly contributed to the worst financial crisis since the Great Depression? Question 4: What would you do to divert the $2 trillion in excess reserves that financial institutions have parked at the Fed into more productive purposes, such as helping small- and medium-sized businesses create jobs? We need answers to these questions to make sure that we have a Fed chair that isn’t just another Wall Street puppet. Sign the petition: Demand answers to these four vitally important questions. Keep fighting, Michael Langenmayr Campaign Director, Daily Kos P.S. Please help keep Daily Kos strong by chipping in $3.
Posted on: Fri, 23 Aug 2013 00:13:32 +0000
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