07/25/2018
https://www.congress.gov...
"These are important issues, but they're wholly unrelated to the Fed's limited statutory mandates and expertise."
"There are people on the left, including in the Biden administration, who are advocating that the Fed use its supervisory powers to resolve complex political issues, like what to do about global warmin..."
"In a democratic society, those tradeoffs must be made by elected representatives who are accountable to the American people, not unelected central bankers."
"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 on the Fed's independence and whether or not we are going to..."