School News

In an op-ed, Ashish Bhatia, Assistant Dean of Students, Engagement and Innovation for Stern's Undergraduate College, advocates for the Federal Reserve's continued independence

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Excerpt from Global Public Investor -- "Populist rhetoric must not be allowed to lead to actions that could jeopardise the Fed’s independence. Recent US leaders have, for the most part, been supportive of the Fed. Before selecting Ben Bernanke as Fed chair, George W Bush said, ‘It’s this independence of the Fed that gives people not only here in America, but the world, confidence.’ We must hope that Trump is guided by the same spirit of responsibility."

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