Kevin Brady actually said...

"Congress holds the constitutional responsibility for monetary policy."

"Unfortunately, both Republican and Democrat Administrations related to the Fed have used that, in effect, to circumvent the power of Congress."

"The answer is yes, and your question, in some regards, addresses Mrs. Maloney's question, which is under a single mandate, focused on the purchase power of the dollar, could the Fed intervene in times..."

"Some of the actions they took during the financial crisis truly did calm those waters, but stop there and look at the economic recovery since."