FRC
First Republic Bank
stock NYSE

Totally contrary. That combined with his long stated desire to \[further\] deregulate banks seems...poorly conceived. The "Quantitative Tightening" which began in 2022, was most recently (and effectively) eliminated. +/- 1/3 of the Fed's Balance Sheet was wrapped up, but leaves very little room for them to intervene. Also, very few people seem focused on FRC Powell's comments on downward revised unemployment.

Totally contrary. That combined with his long stated desire to \[further\] deregulate banks seems...poorly conceived. The "Quantitative Tightening" which began in 2022, was most recently (and effectively) eliminated. +/- 1/3 of the Fed's Balance Sheet was wrapped up, but leaves very little room for them to intervene. Also, very few people seem focused on FRC Powell's comments on downward revised unemployment.