Behold the poster child for what passes for competency in Fed World - I give you Mary Daly from the San Francisco Federal Reserve.
"Wokeness has replaced competence and merit across the banking sector, and San Francisco Fed Chief Mary Daly is the poster child of this pernicious trend."
When meritocracy dies at the Fed
I saw this trend in Credit Union Land as well - total imbeciles given control of entire departments. EDI departments with over paid ass clowns. "Supervisors" who didn't know their asses from a hole in the ground, "underwriters' who had no clue on what a breach of contract lawsuit was, etc.
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