Originally Posted By Mr X Wow, these guys have some cajones I'll say that much. <a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=adDANopNzewM" target="_blank">http://www.bloomberg.com/apps/...NopNzewM</a> ***Sept. 25 (Bloomberg) -- Federal Reserve General Counsel Scott Alvarez said audits of monetary policy by the U.S. Congress could lead to higher interest rates and reduced confidence in central bank policy. Congressional audits of monetary policy could “cause the markets and the public to lose confidence in the independence of the judgments of the Federal Reserve,” Alvarez told the House Financial Services Committee today in response to a question from Representative Dennis Moore, a Kansas Democrat. Alvarez said in his prepared remarks the audits would probably “chill” the central bank’s discussions on interest rates.*** probably "chill" the discussion of interest rates? nice threat there, eh? Who are these guys working for anyway!?
Originally Posted By fkurucz <<Who are these guys working for anyway!?>> The billionaires that own the Federal Reserve?
