Tag: Eric Rosengren

The Second Domino Falls As Kaplan Steps Down From His Dallas Fed Post

The Second Domino Falls As Kaplan Steps Down From His Dallas Fed Post

Earlier today Boston Fed President Eric Rosengren announced his September 30th retirement. This afternoon Dallas Fed President Robert Kaplan announced he will step down effective October 8th. We first wrote about the Fed's poor governance earlier this month. Chair Jay Powell's resignation would be the icing on the cake but that news is not forthcoming. … Continue reading The Second Domino Falls As Kaplan Steps Down From His Dallas Fed Post

Boston Fed President Eric Rosengren Announces He Will Retire Sept. 30

Boston Fed President Eric Rosengren Announces He Will Retire Sept. 30

We recently wrote that it was outrageous for Fed officials to have traded equities as the Fed was doing deals with corporate issuers in 2020. One of the offenders - Boston Fed President Eric Rosengren - has been dealt with. The other direct offender was Dallas Fed President Robert Steven Kaplan. Frankly, Chairman Powell ought … Continue reading Boston Fed President Eric Rosengren Announces He Will Retire Sept. 30

Fed’s Rosengren Anxious To Show He Can Spend With The Best

Fed’s Rosengren Anxious To Show He Can Spend With The Best

No Federal Reserve official is going to balk at the opportunity to print and spend money, expanding upon the Fed's debt-financed portfolio. Federal Reserve Bank of Boston President Eric Rosengren is chomping at the bit to execute the Fed's Main Street Lending Program. The Credit Markets Are Functioning Properly The Fed's emergency stimulus was supposed … Continue reading Fed’s Rosengren Anxious To Show He Can Spend With The Best