If Ben Bernanke’s nomination to head the Federal Reserve gets scuttled, the head of the Kansas City Fed might be an attractive alternative.
For more on pruning back executive power see Pruning Shears.
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Weekly Audit: Time to Audit the Fed |
| By: TheMediaConsortium Tuesday December 1, 2009 9:16 am |
Two key lawmakers on the House Financial Services Committee, Reps. Alan Grayson (D-FL) and Ron Paul (R-TX), are pushing to authorize a full, comprehensive audit of the Federal Reserve. The plan has sparked fury from both the Fed and the corporate banking industry, but the proposal is so appealing that the controversy is almost laughable.
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