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Tuesday, May 11, 2010

Congress and the Fed: Why the Bark is Worse Than the Bite

New post at MoneyWatch in reaction to today's 96-0 vote in the Senate to audit the Fed:

Congress and the Fed: Why the Bark is Worse Than the Bite

I argue that Congress should try to look like it is being very tough on the Fed, but it's not in Congress' interest to take a big bite out of the Fed's authority.

    Posted by on Tuesday, May 11, 2010 at 11:34 AM in Economics, Monetary Policy, MoneyWatch, Politics | Permalink  Comments (26)


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