Financial Times: “Janet Yellen was forced to fend off new questions about the Federal Reserve’s political independence on Tuesday as a Republican lawmaker asked her if one of the central bank’s governors was too close to Hillary Clinton’s campaign.
The Fed chair was challenged by Scott Garrett, a Republican from New Jersey, over donations that Fed governor Lael Brainard has made to the Clinton campaign and over unconfirmed media reports that Ms Brainard is a contender for a senior job in a potential Clinton administration.
The exchanges came only two days after Donald Trump, the Republican presidential candidate, claimed in his debate with Mrs. Clinton that the Fed has been keeping short-term interest rates low to help the Obama administration and was sustaining a “big, fat, ugly bubble” in the stock market.”
Opinion: The US has it’s last chance to rid itself of every politician/banker/judge/reporter in Washington that is connected to the Clinton machine.
It doesn’t matter what rock you turn over, every scorpion lurking has been appointed by, or on the payroll of the Clintons.
The Federal Reserve is one of the most useless power machines in Washington. The market is more than capable of determining short term interest rates through the law of supply and demand.
Time to get rid of the Fed.