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04/17/2021

Liberty Pulse

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CNN: The Fed’s stuck in the penalty box

1 min read

CNN: The Fed’s stuck in the penalty box

NEW YORK (Fortune) — The Federal Reserve has enough problems without having to play shorthanded.

The Fed’s vice chairman, Donald Kohn, said Monday he’ll retire in June after eight years on the board. Kohn’s departure will open a third vacancy on the Fed’s seven-member Board of Governors.

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