New York Fed’s Repo Loan Data Disappears

The data obscuring has begun…

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)

Dear Friend of GATA and Gold:

The Federal Reserve Bank of New York, Wall Street on Parade’s Pam and Russ Martens note today, has begun obscuring the data on its internet site about the hundreds of billions of dollars it lately has delivered to Wall Street banks in the name of strengthening the world financial system. The operation, the Martenses write, seems to be violating the Dodd-Frank Act, which requires more accountability of the Federal Reserve.

The Martenses’ commentary is headlined “Elizabeth Warren Demands Repo Loan Answers as N.Y. Fed Repo Data Disappears” and it’s posted at Wall Street on Parade here:…

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]

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