FOXNEWS FOX Friends First June 4, 2024 08:11:00
Federal reserve let this fester over the weekend. now people are panicking that their money is not safe in u.s. currency. so on and so forth. this is absurd! >> todd: peter, what should the fed do? >> now commit should continue doing what it is doing and that is basically sure people that a loan facility would be available to their bank if they need to get credit against their treasury and mortgage bank security holdings. those are safe assets. these banks are not making loans like they were and 2007, triple mortgages on 700% of people's income and all of this nonsense. we are past that. we ha...