ClassCrits involved in Fed. Reserve Reform Initiative

Kudos to Timothy Canova  (Chapman Univ. Law) and heterodox economist friends of ClassCrits who’ve been tapped for a committee to advise Sen. Bernie Sanders on crafting legislation to reform the Federal Reserve.  Canova will join Gerald Epstein of the U.Mass. Political Economy Research Institute, economist L. Randall Wray, and financial regulation expert Jane D’Arista, along with Joseph Stiglitz, Robert Reich, Jeffrey Sachs, James K. Galbraith, William Greider, William Black, Robert Johnson, Nomi Prins and others.  The group will develop a regulatory plan to respond to the Fed’s conflicts of interest and other problems found by a recent GAO report.

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