Gwen Moore actually said...

Let me really quickly address the bad idea of creating a distinction between monetary policy and supervisory functions of the Fed.

The central question that the Republicans will be asking here today is whether Congress should hamper the Federal Reserve's bank supervision...

I am just feeling a little bit puzzled and confused because this hearing is talking about the supervisory responsibilities of the Fed.

I have to warn you to prepare yourself for a discussion on the dual mandate of the Fed, despite the title of this hearing.