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Powell and the Fed may be prone to the same mistakes that stoked inflation in the 1970s

U.S. central bank acts serious about taming inflation, but easy money beckons.

Biden administration regulators warn AI, employee surveillance tools could ‘turbocharge’ fraud and discrimination

Fed to release postmortem report on Silicon Valley Bank collapse on Friday

The Federal Reserve’s review of its oversight of Silicon Valley Bank will be released on April 28, the central bank announced Tuesday. Silicon Valley Bank was taken over by regulators in early March when it became clear that there was going to be a run on the bank. As news spread about the bank’s fragile financial position, depositors planned to withdraw $142 billion in deposits from the bank. The Fed’s review is being led by Fed Vice Chair for Supervision Michael Barr. Last month, Barr told Congress that Fed staff was in close contact with SVB staff and management for more than a year about the management of the firm

As Biden announces re-election bid, here are the potential 2024 Republican candidates