10 ms·
Excellent idea. Let's start with lowering wages across the board at the Federal Reserve.
by alphaomegacode 3y ago
Excellent idea.
Let's start with lowering wages across the board at the Federal Reserve.
- chii 3y agoas they say, charity starts at home!
- deleted 3y ago[deleted]
- andsoitis 3y agoJerome Powell, when asked, said his annual salary is about $190,000[1]. Even though he got it slightly wrong (it is actually $226,300[2]), it doesn't strike me as unusual given the position he occupies. Also, from the linked article: "The website for the Board of Governors of the Federal Reserve System reports that the Fed Chair's salary in 2019 was set at $203,500. It also says that the annual pay for other Board members that year was $183,100. Meanwhile, according to Equilar data cited by Fortune, the median pay among CEOs of the top 100 US companies clocks in at about $20 million." [1] (https://finance.yahoo.com/news/fed-chief-jerome-powell-says-152316908.html# https://finance.yahoo.com/news/fed-chief-jerome-powell-says-...) [2] https://www.the-independent.com/news/world/americas/us-politics/jerome-powell-salary-reveal-debate-b2278437.html https://www.the-independent.com/news/world/americas/us-polit...
- mcritz 3y agoWhy stop at the Fed? Reduce executive salaries for all banks. For executives at all corporations. Trickle down compensation, already.