Elizabeth Warren has been talking about the conflict of interest inherent in having Jamie Dimon sit on the board of directors of the Federal Reserve Bank of New York. Timothy Geithner even recognizes a problem, though he limits it to the appearance of impropriety rather than the impropriety itself. Now there’s actual legislation to go [...]

Matt Stoller, who worked on Capitol Hill from 2009-10, writes that the Dodd-Frank Act made no structural changes to the banking system, and that his main focus, the audit the Fed amendment, merely allowed “for the beginning of a real debate over our monetary system.” We don’t really have real debates on much of anything [...]