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Peter Conti-Brown
PeterContiBrown
Very good analysis from @IrvingSwisher on why Mnuchin's move here violates the CARES Act and could be corrected by the Biden Administration promptly. /1https://twitter.com/IrvingSwisher/status/1331326425706733576 It's an effort by M
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Some have misunderstood my critique of the Fed’s (and Congress’s) reliance on Treasury funding for 13(3) emergency facilities. My argument isn’t that it’s illegal (unless you take the clearly incorrect
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Always a pleasure to read the words of the great @GeorgeSelgin, but George, you have misquoted the statute. 13(3)(B)(i) is very different from what you quote. /1https://twitter.com/GeorgeSelgin/status/1249733644278804480 The post-Dodd-Frank 13(3)
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Briefly, there are two reasons why I don’t see the language George cites as relevant to whether the Fed must legally accept Treasury investment. /1https://twitter.com/GeorgeSelgin/status/1246129523051180033 First, the only mechanism to
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I think the reason I’m pushing so hard in my @BrookingsEcon piece and in debates with @ProfKateJudge @GeorgeSelgin @DanAwrey is because of how sticky conventions of “law” are in central
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