Bloomberg News filed a Freedom of Information Act lawsuit against the Federal Reserve on November 7 to find out who is getting the $2 trillion in bailout money. The Federal Reserve told them to shove it.
The Fed responded Dec. 8, saying it’s allowed to withhold internal memos as well as information about trade secrets and commercial information.
“Notwithstanding calls for enhanced transparency, the Board must protect against the substantial, multiple harms that might result from disclosure,” Jennifer J. Johnson, the secretary for the Fed’s Board of Governors, said in a letter e-mailed to Bloomberg News.
“In its considered judgment and in view of current circumstances, it would be a dangerous step to release this otherwise confidential information,” she wrote.
You think Madoff's $50 billion fraud was something? He's a patzer compared to these guys.
Federal Reserve refuses to disclose the recipients of $2 trillion in emergency loans
Biden: The choice we make this November will decide the future of America for a very long time.
This is quite an interesting public records find from Anna Massoglia (@annalecta) of the nonprofit Open Secrets. Years ago, Kamala Harris once received a donation check for thousands of dollars from Donald Trump.
Adam Schulz, photographer for Joe Biden for President, captured a video call moment between the Democratic presidential nominee and newly announced running mate Kamala Harris.
If you’re out of work…well, first, you have our sympathies. Right now, about 31 million Americans are drawing some form of unemployment benefits, which makes competition for virtually any job savagely fierce. But since nobody wants to wallow in the miseries of unemployment, the only legitimate course left open is to scrap like crazy to […]
If you want swole arms cut like tree trunks, you start savaging the curl bars. If you want to sculpt a tight, firm core, you have lots of planking and bridges in your future. So what do you do if you want to knock out that double chin? Or put a little added definition into […]
Considering the state of our world, it probably shouldn’t come as a surprise to find lots and lots of people pushed to their breaking point. Anxiety and stress are often constant companions during the best of times. But now, with fear and frustration running rampant, it’s easy to be subsumed by all the distractions and […]