Andy Levin

Andy Levin, an advisor to global central banks and an economics professor at Dartmouth, returns to discuss the critical need for an independent inspector general at the Federal Reserve. He emphasizes the importance of transparency and accountability to maintain public trust in the Fed's operations. The conversation also touches on the challenges of the Federal Reserve's costly renovations, comparing them to historic landmarks, and highlights the urgent need for oversight in spending. Levin's insights underscore how independent evaluations can strengthen central banking practices.

Andy Levin, a Dartmouth College economics professor and former advisor to central banks, discusses vital insights on holding the Federal Reserve accountable. He emphasizes the importance of transparency and external reviews to enhance the Fed's legitimacy. The conversation delves into the staffing debate, revealing inconsistencies in compensation compared to other federal positions. Levin also critiques the Fed's forecasting failures and its extraordinary independence, calling for reforms to improve oversight and communication with the public.