Commenting on the ongoing financial impact of GSEs on taxpayers.
05/09/2011
https://www.congress.gov...
Congress wrote the statute that created the Fed and sets forth its policy objectives.
The Fed should not only be able to answer these questions; it should be held accountable for its actions.
The current structure, however, has allowed the Fed to expand its reach in many ways.
It seems to me that there is a lot of ration off this. It does not need to be partisan.