"we must eliminate the blatant conflicts of interest at the Fed. The reality is that the Federal Reserve has been hijacked by the very bankers it is in charge of regulating. I think most people would be shocked to learn that Jamie Dimon, CEO of JPMorgan Chase, served on the board of the New York Fed at the same time that his bank received a $391 billion Fed bailout. And he is not the only example. At least eighteen current and former Fed board members were affiliated with banks and companies that received emergency loans from the Fed during the financial crisis. We can no longer allow the foxes to guard the henhouse at the Federal Reserve."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Bernie Sanders Our Revolution (2016)
https://en.wikiquote.org/wiki/Jamie_Dimon
Revision History
No revisions have been submitted for this quote.
Categories
Jamie Dimon
7 quotes on TrueQuotesView all quotes by Jamie Dimon →
Related Quotes
"The current pandemic is only one example of the bad planning and management that have hurt our country: Our inner cit…"
"We need to demand more of ourselves and our leaders if we want to prevent or mitigate these disasters. This can be a …"
"I've always been deeply opposed to crypto, bitcoin, etc. You pointed out the only true use case for it is criminals, …"
"(About the risk of a severe "correction" of the US stock market) If we talk about probabilities, I see a higher chanc…"
"The idea of negative income tax is novel: In effect, it's a kind of income tax that works in reverse. For those who e…"
"In his latest annual letter to shareholders, JPMorganChase CEO Jamie Dimon says the US should "dramatically expand" i…"
"As so often before, liberty has been wounded in the house of its friends. Liberty in the wild and freakish hands of f…"
"I must atone for my wealth. I will reward the country of my adoption for the great benefits I have gathered."
"The Church needs men and women to offset the irreligious tendency which is taking the soul out of charity, by secular…"
"I am almost reluctant to pray for Mrs. Peter. She was so good, so pure, that while joining in the solemn supplication…"