The Traderszone Network

Published in TZ Latest News 14 December, 2014 by The TZ Newswire Staff

Fed Vice Chairman Shocked At Wall Street Influence After Jamie Dimon "Whips" Cromnibus Votes

“Boy, was I wrong,” exclaimed Federal Reserve Vice-Chairman Stanley Fischer, “I thought that when Dodd-Frank started, that the banks would not succeed in influencing it, having lost all the prestige they lost.” Just like the Fed’s economic and rate forecasts, Fischer’s political perspective could not have been more incorrect.

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