Former Fed Vice Chair Lael Brainard Talks Pressure on Jay Powell
Bloomberg Talks
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Exploring Accountability and Transparency in the Federal Reserve
This chapter explores the phenomenon of 'mission creep' in the Federal Reserve, fueled by critiques from influential leaders like Treasury Secretary Scott Besson. It emphasizes the need for transparency and accountability in the Fed's non-monetary activities while addressing concerns about the implications of external reviews on its independence.
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