Word: fedã
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...more practical level, turning arrests into gung-ho combat raids increases the risk for everyone involved. There are no federal training requirements for SWAT teams—despite the Fed??s role in distributing used army equipment—and therefore training is erratic. More importantly, even disciplined cops can make a mistake when placed in a high-intensity, low-light environment that demands split-second decisions. Arming them with assault rifles and delusions of military grandeur only increases the chance of creating a violent, deadly situation...
...disagreed on whether the Federal Reserve should announce an inflation goal. “Roger has made invaluable contribution to the Federal Reserve and to the country,” Bernanke said in a statement released to several news sources yesterday. “He led the Fed??s first response to the 9/11 terrorist attacks, was a strong advocate for increased transparency of monetary policy, and [was] able [to] represent the Federal Reserve in important international fora.” In his letter, Ferguson highlighted some of the work the Federal Reserve focused on during his time...
...executive officer of the advertising firm Young & Rubicam, Fudge was elected to the Board of Overseers this year. As a former director of the Federal Reserve, Fudge has close ties to one member of the search committee, Roger W. Ferguson Jr. ’73, who sits on the Fed??s elite Board of Governors...
...years”—the length of each of the appointed Fed board member’s terms. In that event, a Democratic president might try to curry Rubin’s favor by appointing Summers, Rubin’s protégé, to the Fed??s top job, Henderson speculates...
Hubbard also stressed the importance of communication to the Fed??s success...