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  <title>Thomas Hoenig on Bank Capitalization and Fed Policy after COVID-19</title>
  <description>Thomas Hoenig is a former vice chair of the FDIC, former president of the Kansas City Federal Reserve Bank, and is currently a distinguished senior fellow at the Mercatus Center at George Mason University. Tom’s research has focused on the long-term impact of the politicization of financial services, as well as the effects of government grant privileges on market performance. Tom joins David on Macro Musings to talk about COVID-19, the Fed's response to its economic impact, and the current state of banking in the United States. &amp;amp;nbsp; Transcript for the episode can be found  here. &amp;amp;nbsp; Thomas’s Twitter: @tom_hoenig Thomas’s Mercatus profile: https://www.mercatus.org/scholars/thomas-hoenig &amp;amp;nbsp; Related Links: &amp;amp;nbsp; Bonus segment with Thomas:  https://youtu.be/CrA1WRtu0jc &amp;amp;nbsp; David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth </description>
  <author_name>Macro Musings with David Beckworth</author_name>
  <author_url>http://macromarketmusings.blogspot.com/</author_url>
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