A New Front Opens in the Battle of the Fed
As if the pressure wasn’t high enough, here comes a mortgage-fraud allegation
No let-up.
Photographer: Al Drago/BloombergTo get John Authers’ newsletter delivered directly to your inbox, sign up here.
There’s no rest in the battle over monetary policy. It’s now being fought both on familiar territory — with carefully chosen words in the Federal Open Market Committee’s minutes — and in startling new terrain, as the federal housing regulator digs up alleged evidence of mortgage fraud by a Biden-appointed governor and calls for her resignation.
