Tuesday, the Fed added $95 billion in liquidity to financial markets. Today, Fed’s vice chair told Congress, “The Board’s latest [review] confirms the current health of the banking system. It depicts a stable, healthy, and resilient banking sector…”

Tuesday, the Fed added $95 billion in liquidity to financial markets.

Today, Fed's vice chair told Congress, “The Board’s latest [review] confirms the current health of the banking system. It depicts a stable, healthy, and resilient banking sector…" https://t.co/tWqUoHHRKu

— Nomi Prins (@nomiprins) December 5, 2019

The Fed hasn’t expanded its balance sheet at this rate since the financial crisis pic.twitter.com/R0zY5p9GKy

— The Long View (@HayekAndKeynes) December 6, 2019