Washington Post: The craziest politician in Washington last week was not Donald Trump

“Let’s talk about the amazeballs letter Patrick McHenry sent to Janet Yellen.

As crazy as Trump’s last week has been, however, it is worth noting that another Washington politician might have managed to out-crazy him. Fortune’s Geoffrey Smith has the story:

Congressman Rep. Patrick T. McHenry (R-NC.), a vice-chairman on the House Financial Services Committee, has sent a blistering letter to Federal Reserve Chair Yellen telling her in no uncertain terms to stop cooperating with other central banks and insurance supervisors over global rules of conduct, at least until the new administration has given her a clear political line to follow.”

Here’s the Washington Post article.

Here’s our commentary and the letter itself.

Amazeballs does not even begin to describe how outlandish this letter is.

Related Posts

Previous Post
IOSCO report shows progress made in implementation of Benchmark Principles
Next Post
OFR: Capital Buffers and the Future of Bank Stress Tests

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account