The Membership Engagement Advisory Group presents the CFA Society Chicago Book Club. Members and their guests are welcome to join this group of avid readers of non-fiction, and finance-related literature to come together and exchange ideas, challenge one another’s beliefs, and engage in well-intentioned discussions. 

Hope to see you there!


About the Book:  
Title: The Myth of Independence: How Congress Governs the Federal Reserve
Author: Sarah Binder and Mark Spindel

Overview: 
Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence traces the Fed’s transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress’s role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed’s past, present, and future and challenge the myth of its independence.

CFA Institute Qualified Activity: Eligible for (1) professional learning (PL) credit hour