Chairman Hensarling Comments on End of Fed’s Stimulus: ‘In Both Time and Money, QE Has Overstayed Its Welcome’
House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on the Federal Reserve’s announcement today that the central bank is ending its massive experiment in stimulus spending known as “quantitative easing”: "The end of QE is good news. While many believe monetary accommodation was necessary in 2008 and 2009, the Federal Reserve allowed its…