BROADCASTS.com

b'

Thomas Hoenig was vice-chair of the FDIC from 2012-2018 and in the 20 years prior to that he was also president of the Kansas City Federal Reserve Bank. Thomas is currently a distinguished senior fellow at the Mercatus Center at George Mason University where he focuses on the long-term impact of the politicization of financial services, as well as the effects of government granted privileges and market performance. He joins the show today to talk about his career and some of the current issues in banking. David and Thomas also assess the effectiveness of quantitative easing, the advantages and disadvantages of opening up the Fed\\u2019s balance sheet to the public, and the debate between establishing an orderly liquidation authority vs a bankruptcy code.

\\xa0

Transcript for the episode: https://www.mercatus.org/bridge/podcasts/08262019/thomas-hoenig-federal-reserve-and-state-banking-us

\\xa0

Thomas\\u2019 Twitter: @tom_hoenig

Thomas\\u2019 Mercatus profile: https://www.mercatus.org/people/thomas-hoenig

\\xa0

Related Links:

\\xa0

*"Enormous" Pressure in Next Recession for Wider QE Purchases, Former FOMC Voter Predicts* by Frank Fuhrig\\xa0

https://www.mercatus.org/bridge/commentary/%E2%80%9Cenormous%E2%80%9D-pressure-next-recession-wider-qe-purchases-former-fomc-voter-predicts

\\xa0

David\\u2019s blog: macromarketmusings.blogspot.com
David\\u2019s Twitter: @DavidBeckworth