The Banks Are in Bed With the Fed; the U.S. Bank Stress Test Cover-Up

The Federal Reserve gave U.S. banks a thumbs up as all 23 lenders easily pass the 2021 stress test. Best-selling author Nomi Prins says this is “not-so-shocking news… the biggest banks are OK after nearly 13 years of zero interest rate policy.” Speaking with our Daniela Cambone, she explains, “the Fed ‘only’ had to buy $8 trillion of assets with fabricated money along the way. So now Wall Street’s given the green light for another round of record-setting buybacks.”