It Looks Like We Need Some New Candidates For Fed Chair

Xinhua via ZUMA

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Gary Cohn on President Trump’s response to Charlottesville:

Citizens standing up for equality and freedom can never be equated with white supremacists, neo-Nazis, and the KKK. I believe this administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in our communities.

Janet Yellen on President Trump’s desire to deregulate Wall Street:

Yellen, 71, made clear in her speech on Friday that she believes tighter regulations and standards have made the banking system safer and that while some improvements could be made, they should be modest, not structural. “The evidence shows that reforms since the crisis have made the financial system substantially safer,” Yellen said, according to prepared remarks.

Welp, Cohn and Yellen have just failed the all-important sycophant test. There go our top two contenders to lead the Fed when Yellen’s term expires. Who’s next in line? The Mooch?

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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