Former Federal Reserve Governor Kevin Warsh says the Fed is “vulnerable” politically and in need of broad reform. Among its problems, the central bank “appears in thrall to financial markets, and financial markets are in thrall to the Fed.” Mr. Warsh notes a “simple, troubling fact: From the beginning of 2008 to the present, more than half of the increase in the value of the S&P 500 occurred on the day of Federal Open Market Committee decisions.”
Karl Rove argues there’s no defense for the Clinton Foundation and it should be closed immediately. The outfit “received many millions of dollars from foreign governments and nationals while Mrs. Clinton was secretary of state, including via a Canadian front group set up to shield donors’ identities. This despite Mrs. Clinton’s promise at her January 2009 confirmation to provide ‘the transparency and disclosure that is needed’ and ‘address even the appearance of conflict,’” writes Mr. Rove.
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