“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.