---
title: "1 Term President Quotes By Danielle DiMartino Booth"
description: "1 Term President quotes by Danielle DiMartino Booth. Plus more from Danielle DiMartino Booth and more Term President sayings from other authors."
image: "https://sms4smile.com/quotes/i/228/danielle-dimartino-booth-24430_federal-reserve_the-federal-reserve-has-always-advertise_758928.jpg"
---

> [“The Federal Reserve has always advertised itself as being above politics, impervious to outside influence. This is, of course, nonsense. The chairman is appointed to a four-year term by the president of the United States and must be confirmed by…](https://sms4smile.com/quotes/danielle-dimartino-booth/the-federal-reserve-has-always-advertised-itself-as-being-above/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

[Image](https://sms4smile.com/quotes/i/228/danielle-dimartino-booth-24430_federal-reserve_the-federal-reserve-has-always-advertise_758928.jpg)

## More by Danielle DiMartino Booth

> [“Gambling has been fed by knowledge that, if disaster struck, someone else—borrowers, investors, taxpayers—would end up bearing at least some of the losses,” wrote…](https://sms4smile.com/quotes/danielle-dimartino-booth/gambling-has-been-fed-by-knowledge-that-if-disaster-struck-someone/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“I preferred Warren Buffett’s definition: “It’s like most trends—at the beginning it’s driven by fundamentals; in the end, by speculation. It’s just like the…](https://sms4smile.com/quotes/danielle-dimartino-booth/i-preferred-warren-buffett-s-definition-it-s-like-most-trends-at-the/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“The Federal Reserve has always advertised itself as being above politics, impervious to outside influence. This is, of course, nonsense. The chairman is appointed…](https://sms4smile.com/quotes/danielle-dimartino-booth/the-federal-reserve-has-always-advertised-itself-as-being-above/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“The transformation of my role at the bank began on February 7, 2007, when HSBC Holdings announced that its bad debts for the previous…](https://sms4smile.com/quotes/danielle-dimartino-booth/the-transformation-of-my-role-at-the-bank-began-on-february-7-2007/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“Called before Congress during the ongoing implosion of Wall Street in October 2008, Greenspan, his upper lip visibly quivering, admitted that he was shocked…](https://sms4smile.com/quotes/danielle-dimartino-booth/called-before-congress-during-the-ongoing-implosion-of-wall-street-in/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“As a reminder, among other things, the FOMC sets the fed funds interest rate, the rate at which commercial banks lend reserve balances to…](https://sms4smile.com/quotes/danielle-dimartino-booth/as-a-reminder-among-other-things-the-fomc-sets-the-fed-funds-interest/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“With interest rates on CDs near zero, the average boomer household would need $10.6 million in principal to safely earn $15,930 in interest, the…](https://sms4smile.com/quotes/danielle-dimartino-booth/with-interest-rates-on-cds-near-zero-the-average-boomer-household/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“At Bernanke’s bidding, the Board of Governors held an emergency telephone conference on Friday, March 14, at 5 A.M. and voted to authorize the…](https://sms4smile.com/quotes/danielle-dimartino-booth/at-bernanke-s-bidding-the-board-of-governors-held-an-emergency/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“Usually an upbeat affair, the BCA conference in 2006 proved disturbing. Harvard professor Niall Ferguson asked a strange question: Why hadn’t the recent assassination…](https://sms4smile.com/quotes/danielle-dimartino-booth/usually-an-upbeat-affair-the-bca-conference-in-2006-proved-disturbing/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“I worked for one of those who pushed back against the majority. He was the lone member of the FOMC who voted against the…](https://sms4smile.com/quotes/danielle-dimartino-booth/i-worked-for-one-of-those-who-pushed-back-against-the-majority-he-was/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“The Economist wrote that the Fed was “taking the unprecedented (and, some say, disturbing) step of financing up to $30 billion of Bear’s weakest…](https://sms4smile.com/quotes/danielle-dimartino-booth/the-economist-wrote-that-the-fed-was-taking-the-unprecedented-and/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“The big surprise: in his dissertation Greenspan addressed housing bubbles. “There is no perpetual motion machine which generates an ever-rising path for the prices…](https://sms4smile.com/quotes/danielle-dimartino-booth/the-big-surprise-in-his-dissertation-greenspan-addressed-housing/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“At 6 P.M. Paulson and Bernanke briefed members of the House and Senate leadership. They had little choice, Bernanke explained. AIG was one of…](https://sms4smile.com/quotes/danielle-dimartino-booth/at-6-p-m-paulson-and-bernanke-briefed-members-of-the-house-and-senate/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“In 1996, my first year on Wall Street, the New York Times wrote a story pointing out that IBM, which had employed more than…](https://sms4smile.com/quotes/danielle-dimartino-booth/in-1996-my-first-year-on-wall-street-the-new-york-times-wrote-a-story/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

> [“Banks traditionally profited by capturing the difference between the interest rate at which they made loans and what it cost them to borrow. With…](https://sms4smile.com/quotes/danielle-dimartino-booth/banks-traditionally-profited-by-capturing-the-difference-between-the/)

[Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/)

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