chagrinned1

Has the Federal Reserve Become Too Powerful?

The Fed's imprimater was conferred by the socialists during the Volcker tenure. Dimocratic congressmen decided that having the FED disclose more in public forums would expose their faces to the public via TV. So, there is endless facetime between FED chair and Senators/Reps frequently for no apparent reason except to get Dimocrats better known by bored TV viewers. Ergo, the public looks to the Fed for all the answers.