Pat Ryan actually said...

"We are going to make two big fiscal policy decisions just this summer, talked about cap-and-trade briefly and then health care legislation."

"However, that has in some ways blurred the distinction of the independence between the administration, the executive branch, and the Federal Reserve and its unique independent role."

"But certainly we cannot allow ourselves to be in a situation where the debt continues to rise, that means more and more interest payments, which then swell the deficit, which leads to an unsustainable..."

"the Fed's political independence is critical--it is critical and essential for safeguarding its commitment to price stability."