9 ms·
I think the contentious point is not that "Fed Chair Powell Has Upwards of $11.6 Million Invested with BlackRock", it's that concurrently "the Firm that Will Ma
by gottorf 3y ago
I think the contentious point is not that "Fed Chair Powell Has Upwards of $11.6 Million Invested with BlackRock", it's that concurrently "the Firm that Will Manage a $750 Billion Corporate Bond Bailout Program for the Fed". At most one of those two things should be true for there to be no conflict of interest.