2026-05-25
55 分钟Welcome to Macro Musings, where each week we pull back the curtain
and take a closer look at the most important macroeconomic issues of the past, present, and future.
I am your host, David Beckworth, a Senior Research Fellow at the Mercatus Center at George Mason University,
and I'm glad you decided to join us.
Our guest today is David Zaring.
David is a legal scholar and professor at the University of Pennsylvania,
where he works on, among other things, legal issues facing the Federal Reserve System.
Today, he joins us to discuss two big legal issues facing the Federal Reserve.
First, the issue of the Fed's skinny Fed master accounts and challenges to them,
as well as challenges to who governs and how is the Fed accountable to Congress and other entities.
David has written widely on both of these topics, and he joins us today to help shed light on them.
David, welcome to the program.
It's a pleasure to be here, David.
It's great to have you on.
Now, we recently crossed paths at a conference you helped organize at the University of Pennsylvania,
the Wharton Financial Regulation Conference.
And it was a real treat for me, a macro guy,
to be invited to hang out with the cool financial regulation scholars like yourself.
Peter Conti-Brown and others.
And Peter and I did a podcast there to kick the conference off.