Facility aims to ensure funds can meet increased redemption demands
Extraordinary policy actions give banks and markets time to adjust to the pandemic's effects
The spread of the coronavirus prompted the Fed to cut rates in an emergency move
But it's unclear how a rate cut would counteract the effects of the coronavirus
Judy Shelton has been a skeptic of the need for the Fed’s independence
Trump has called Fed officials “boneheads” for not continuing to cut rates
The Fed is content where interest rates are
A third Goldman executive has been sanctioned for his role in the 1MDB scandal
The range of 1.5% to 1.75% is far below levels that have been typical during previous expansions
Former CFTC head Chris Giancarlo is spearheading an effort to launch a digital U.S. currency