Something is Going On at The FED! Implications for CRYPTO?!
I'm sure you've seen no shortage of anti-crypto headlines these days.
You might remember one from a couple weeks back about a new addition to the Federal Reserve who appears to be particularly anti-crypto. Nothing significant, right? I mean, he is a central banker.
That's where you're wrong. Michael Barr is no ordinary central banker. Besides being one of the seven members of the Federal Reserve Board, Michael holds the position of vice chair for supervision. This gives him incredible powers over the US financial system.
Here's where things get crazy: Michael is the key architect of the law that created the position of vice chair for supervision. The infamous Dodd Frank Act was passed following the 2008 financial crisis, and it looks like Michael is here to leverage his powers for the next one.
This is a video you cannot afford to miss!
⛓️ 🔗 Useful Links 🔗 ⛓️
► Michael Barr Key Architect Of Dodd Frank Act: https://www.washingtonpost.com/wp-dyn...
► Dodd Frank Act Explained: https://www.investopedia.com/terms/d/...
► Michael Barr Nomination Hearing: https://youtu.be/Bs0K5WKu6Vs
► Michael Barr Speech: https://youtu.be/QZtnla4wEsM
► Michael Barr Targeting Crypto: https://www.cnbc.com/2022/09/07/new-f...
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.