Patrick Toomey actually said...

If activism by a supposedly independent central bank is accepted, the potential for abuse--by both parties--is limitless.

These are important issues, but they're wholly unrelated to the Fed's limited statutory mandates and expertise.

We are here today, obviously, to consider three Fed nominees. But today's hearing is not just about vetting them. It is really a referendum ...

But certainly one of those principles is that the unelected Governors of America's central bank should not be responsible for dealing with d...