Bankster Win: Economist Withdraws From Consideration for Fed Board Seat

Nellie Liang

Former Federal Reserve economist Nellie Liang, whom President Trump had nominated to serve on the central bank’s board of governors, withdrew from consideration Monday.

According to The Wall Street Journal, she is a casualty of opposition from the banking industry which feared she would stymie efforts to loosen financial regulation.
Congrats to the banksters, this appears to be one situation where they were trying to keep things more free market-oriented.

Liang said in a statement Monday she had withdrawn “because the likelihood of a prolonged process could have left me in professional limbo for too long.” She added, “I have great respect for the Federal Reserve and its current leadership.”

-RW