Bill Foster: “I just want to thank the Chair and all the witnesses for their engagement in this.”

I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.

While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.

I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.

I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.