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...
In a democratic society, those tradeoffs must be made by elected representatives who are accountable to the American peo...
the Fed Board has no role in the allocation of capital, period, end quote.
If activism by a supposedly independent central bank is accepted, the potential for abuse--by both parties--is limitless...
But certainly one of those principles is that the unelected Governors of America's central bank should not be responsibl...
the so-called Build Back Better bill, as proposed, would be the single most damaging domestic legislation in generations...
I agree with that.
Last year, Governor Brainard repeatedly insisted that inflation was transitory.
Would you commit to going as far as you legally can in moving in the direction of coming out of the conservatorship?
It is very important that Fed decisions on monetary and regulatory policy are entirely free from political interference.
The actual evidence shows that there is no real physical risk. The transition risk, though, is real.