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Hensarling Comments on Nomination of Marvin Goodfriend

Washington, Nov 30 -

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on President Trump’s nomination of Dr. Marvin Goodfriend to the Federal Reserve’s board of governors:

“I commend President Trump for this nomination.  Dr. Marvin Goodfriend is a highly respected researcher on monetary- and macroeconomics and an impeccable conservative.  He understands that consulting monetary policy rules can provide both instructive guidance for the Fed and transparency for the public.  Dr. Goodfriend also appreciates that credit policy is Congress’s responsibility – not the Fed’s.”  

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