UPDATE 1-Regional Fed banks should be public, says Yellen’s ex-advisor

SAN FRANCISCO/RUSTON, La., April 11 (Reuters) – A former top Federal Reserve policy advisor called Monday for the Fed’s 12 regional outposts to be made government entities, rather than owned, as they have been since their inception more than a century ago, by the banks they regulate.

Leave a Reply

Your email address will not be published. Required fields are marked *