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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (1396873)	3/30/2023 2:27:14 PM
From: Wharf Rat	1 Recommendation of 1576875

Yellen says Trump administration ‘decimated’ financial oversight “When the President and I took office in January 2021, we inherited a financial stability apparatus at Treasury that had been decimated,” Yellen said at a meeting of the National Association for Business Economics. “For example, I walked in to find an FSOC [Financial Stability Oversight Council] team that was less than one third of the size it was five years prior. In 2016, FSOC’s policy, analysis, and operations teams were fully staffed. By 2021, the analysis team had been eliminated,” she said. Full Article thehill.com

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