“The bill would severely impair the Federal Reserve’s ability to carry out its congressional mandate and would be a grave mistake, detrimental to the economy and the American people.”
Janet Yellen’s demands that we don’t politicize monetary policy.
So, she responded to a bill aimed to boost transparency and accountability at the Fed, how else? By politicizing the Federal Reserve and monetary policy.
The Fed Chair opposes a law that would force the central bank to set its interest rate policy based on a mathematical rule.
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