Bloomberg Talks US Representative French Hill of Arkansas Talks Republican Economic Priorities
Sep 10, 2025
A deep dive into the independence of the Federal Reserve reveals the complexities surrounding recent controversies involving Fed Governor Lisa Cook. The discussion highlights the balance between oversight and financial stability. The talk also critiques the timing of government personnel decisions amid serious regulatory allegations. As inflation looms, skepticism about interest rate cuts grows, alongside a light take on Arkansas football and its connection to economic priorities.
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Fed Independence Plus Accountability
- French Hill emphasizes defending Federal Reserve independence while still allowing criticism and oversight.
- He frames accountability as compatible with independence and supports adjudication for allegations.
Allegations Need Due Process
- Hill says allegations against Fed Governor Lisa Cook are serious and should be adjudicated through due process.
- He rejects hyperbole about systemic danger while stressing the need for a court process.
Single Mandate For Price Stability
- Hill argues the Federal Reserve should have a single mandate focused on price stability.
- He links high inflation to pandemic-era monetary and fiscal policy and calls for a review of Fed governance and markets.