Norbert Michel
Senior Research FellowNorbert Michel is a senior research fellow in financial regulations and monetary policy at the Heritage Foundation.
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A Senate proposal calling for a federal guarantee on mortgage-backed securities would only benefit the largest banks and increase the risk of bailouts.
March 8 -
The Federal Reserve is right to look at shrinking its bloated balance sheet. But if it doesn’t simultaneously stop paying banks to hoard money, the Fed will create the next recession.
May 30
