What Brian Domitrovic told Janet Yellen
Brian Domitrovic was one of 22 conservatives invited by American Principles in Action to meet with Janet Yellen last Friday. In his column yesterday for Forbes.com, Domitrovic reveals what he told the…
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Federal Reserve
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22 Conservatives Meet with Janet Yellen
Today, for the first time, Federal Reserve Chair Janet Yellen will meet with 22 conservatives, including APIA Board Chairman Sean Fieler (and Pulse blogger); APIA’s Director of Monetary Policy Steve…
Monetary Policy Shrinking Middle Class
At a CPAC panel on Thursday, APP’s executive director Terry Schilling told GOP candidates to look to monetary policy to explain the average family’s shrinking paycheck: “The demand for digital…
The New Republic Wants to Ask Yellen About the Dangerous Gold Standard
Kudos to Danny Vinik, with his shiny 2013 degree in economics and public policy from Duke University, for wanting to push Janet Yellen to address what he calls the GOP’s “implicit”…
Latest Twist in Audit the Fed Debate
The political firepower generated by Sen. Rand Paul’s Audit the Fed bill is now giving new attention to an alternative or potentially complimentary political response: to shift power from the…
The Horrors of Dodd-Frank “Banking”
With “Audit the Fed” being described as the “direst threat” to the Fed since Dodd-Frank, it’s worth while noting the mounting number of horrid consequences to actual people who need…
Bankers versus Rand Paul?
Five of twelve regional Fed presidents have formally opposed Audit the Fed, and now Reuters reports: A Reuters survey of 24 state banking groups has found that four are actively opposed to…
Rand Paul Earns Kudos Not Just Critiques
Steve, Rand Paul never predicted hyperinflation. He expressed two passing statements of concern in two obscure venues. That by no means constitutes a prediction. Moreover, Paul received a number of plaudits, not just…
Will Paul Get Serious About the Federal Reserve?
This is not another in a long line of often vitriolic attacks on Senator Rand Paul for his temerity to propose “auditing the Fed.” As is by now well-recognized, his…
Why the Fed is Under New Scrutiny
The Hill reports: The Federal Reserve is pushing back against mounting criticism of the central bank, as those pushing for reforms ratchet up their attacks. . . The uptick in…
Why Did Warren Denounce “Audit the Fed”?
Steve, The Hill is reporting Elizabeth Warren had a private lunch with Federal Reserve Chair Janet Yellen in December: A Warren representative declined to describe what was discussed at the meeting between…
Warren Now Opposes Audit the Fed
That odd sound you hear is the baying of Keynesian economists, howling with indignity at the effrontery of Senator Rand Paul to propose scrutiny of the Federal Reserve (S. 264, “The…
George Selgin to Fed: Why Object to GAO Audit?
George Selgin, director of Cato’s Center for Monetary and Financial Alternatives and a former professor at the University of Georgia, looks on in bemusement as the Federal Reserve circles the…
Rand Paul Draws Liberal Fire Over Audit the Fed, Part Two
Sen. Rand Paul is drawing liberal fire from many left wing commentators, now including Prof. Paul Krugman. Many of the criticisms are badly off base. As noted in yesterday’s column there is…
Politico reports that Wall Street is sharpening its long knives for Rand Paul
Politico reports that: Rand Paul traveled to Des Moines, Iowa, recently and delivered a sure-fire applause line. “Anybody here want to audit the Fed?” the Kentucky senator asked. “Anybody feel…
Rand Paul Draws Liberal Fire Over Audit the Fed, Part One
The New Republic, in its February 8th issue, carries an article by Danny Vinik entitled Rand Paul Has the Most Dangerous Economic Views of Any 2016 Candidate. It appears that…
Rand’s Audit the Fed Wins New Respect
The Hill is reporting Sen. Rand Paul’s “Audit the Fed” bill is gaining momentum: “The ‘Audit the Fed’ movement has grown from an oddball pet project of former Rep. Ron Paul (R-Texas)…
The Paul Effect: The Fed Matters In 2016 Race
It isn’t often that I agree with Paul Krugman. But on Friday, Krugman devoted his NYT column to the idea that “[m]onetary policy probably won’t be a major issue in…
Earth to GOP: Talk About Rising Costs
When it comes to economics, Republicans love talking about jobs, jobs, jobs. They cite real unemployment numbers that are far worse than what the public is told. They cite record numbers…
Is the Fed Off-Limits?
The liberal economic elite is circling the wagons to preserve the Federal Reserve. Alan Blinder denounces proposed laws which will “encourage congressional meddling with monetary policy.” Catherine Rampell takes up…
