Former Treasury Secretary says Wall Street’s silence on Fed threats is “really disturbing”

Former Treasury Secretary Lawrence Summers warned that investors may be underestimating risks to the Federal Reserve’s independence, saying calm conditions could change fast. “We’re on the foothills of a credibility crisis” for the central bank, he said on Bloomberg Television’s Wall Street Week with David Westin, adding, “We are in completely unprecedented territory. ” Summers pointed […] source: https://www.cryptopolitan.com/former-treasury-secretary-says-wall-streets-silence-on-fed-threats-is-really-disturbing/