Fight Back! News

News and Views from the People's Struggle

usfederalreserve

By Masao Suzuki

Federal Reserve takes extreme measures to protect wealthy

San José, CA – Last week the financial news was dominated by the falling stock market, which had its worst week since the 2008 financial crisis. But behind the scenes the U.S. Federal Reserve, or Fed, was working feverishly to prevent another financial crisis, taking actions not even done during the 2008 crash.

Read more...