Richard Fisher Calls Rand Paul "Sheep in Wolves Clothing"

Exit interviews in financial services can, at times, get “interesting,” particularly when it happens at higher levels. For instance, when then CFTC Commissioner Bart Chilton left office he revealed to Opalesque that the New York Federal Reserve, which Chilton had characterized as an “old white boys club,” had been asked to provide the commodity regulator details about the big bank’s extensive commodity ownership, but the New York Fed refused to provide the requested regulatory transparency.

Speaking truth in the face of power – and potential retribution – can always make for an interesting result, which is why Wednesday’s speech from Dallas Fed Governor Richard Fisher is so notable.