FSC Majority | Week in Review
Committee Pushes for Accountability and Transparency Reforms at the Federal Reserve Republicans at this week’s hearing with Federal Reserve Chair Janet Yellen raised questions about how much influence the executive branch holds over the central bank and argued in favor of accountability reforms to both protect the Fed’s independence in its conduct of monetary policy and to help give the economy greater certainty. In its coverage of the hearing, the Associated Press reported that Republicans on the committee “challenged the central bank’s lack of accountability” Members “seized on Ms. Yellen’s ... Read More »