Just a few days after proposing to eliminate several government agencies, including HUD, Texas Senator and Republican presidential hopeful Ted Cruz agreed to cosponsor the latest Federal Reserve Act of 2015 (S. 2232), commonly known as the “Audit the Fed” bill introduced by Sen. Rand Paul (R-Kentucky).
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Dallas Fed President Argues Against Politicization of Monetary Policy
In a speech at the Economic Club of New York in New York City on Wednesday, Federal Reserve Bank of Dallas President Richard Fisher's reflections on his decade with the Fed included his insistence that monetary policy should not be politicized.
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