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George Selgin on Fed Master Accounts, Central Bank Independence, and the Fed's Balance Sheet
Description
George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute. George is also a frequent guest of the podcast, and he rejoins Macro Musings to talk about some of the recent developments in the monetary and fiscal policy space. Specifically, David and George discuss recent updates regarding Fed master accounts, the problematic aspects of the Fed's balance sheet, why a second Trump term would threaten central bank independence, and much more.
Transcript for this week's episode.
George's Twitter: @GeorgeSelgin
George's Cato profile
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Related Links:
Caitlin Long's tweet regarding the Fed's special treatment for approving master accounts
*Public comments on the Proposed Guidelines for Evaluating Requests for Accounts and Services* by George Selgin
*Custodia Bank Inc v. Federal Reserve Board of Governors* Court documents from the Wyoming District Court
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