Must-Read: It’s strange and new for me to find myself to the right of the past president of the FRBMinnie (Narayana Kocherlakota) on monetary policy and to the right of the current president (Neel Kashkari) on regulatory policy:
: Fed’s New Bank Critic Keeps Heat On: “Neel Kashkari, the new president of the Federal Reserve Bank of Minneapolis…
…is positioning himself as an unlikely regulatory threat to the nation’s biggest banks. Six weeks after an attention-grabbing speech in Washington in which he called on government to consider breaking up big banks like J.P. Morgan Chase & Co. and Citigroup Inc., he kicks off a series of public meetings Monday in Minneapolis to bolster his case that rules designed to prevent taxpayer rescues of the financial system don’t go far enough…