Fed Insisted SVB Posed No Serious Risk To Financial System
Less than two years later, Fed Chair Jerome Powell cited systemic risk as justification to protect Silicon Valley Bank’s depositors.
Jerome Powell
The Fed Chair’s November Surprise
Jerome Powell is preparing to crash the economy days before the midterm elections, hurting workers and ushering his fellow Republicans into power.
WATCH NOW: The Fed Chair’s War On Workers
The Lever’s new video reveals how the Federal Reserve is working to reduce workers’ wages, while protecting Wall Street execs.
The Fed Is Trying To Crush You
On this week’s Lever Time, a leading economist explains how the Fed’s effort to combat inflation could harm millions of workers.