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Keiser Report notes NY Fed's denial to GATA of repo cash details
12:43p ET Monday, November 25, 2019
Dear Friend of GATA and Gold:
Saturday's edition of the Keiser Report on Russia Today began with discussion of GATA's recent freedom-of-information request to the Federal Reserve Bank of New York in pursuit of details about the recipients and amounts of the "repo" cash being distributed by the bank. The New York Fed told GATA that it would not release the information for two years:
http://www.gata.org/node/19583
Co-hosts Max Keiser and Stacy Herbert agree that the New York Fed's statement to GATA signifies the obliteration of transparency in the Federal Reserve System, which was supposed to have been increased by the very law the New York Fed cites as authorizing its stonewalling, the Dodd-Frank law.
The program can be viewed at RT here:
https://www.rt.com/shows/keiser-report/474101-repo-markets-banks-bailouts/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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