What to make of the current battle over the politicization of the Federal Reserve? The past year has featured an unprecedented attack by President Trump on Fed leaders and their independence. Mr.
Trump not only questioned the board governors’ judgment but even contemplated removing the chairman for the sin of not setting interest rates where the president wants them. In reaction, four past Fed chairmen recently co-wrote an op-ed on these pages to remind the country that short-term political pressures can undermine the proper long-term objectives of monetary policy.
opinion Duh! Yellen shoveled out free money to keep Obama afloat. That’s political! And a real disaster for the economy that it will take many years to recover from.
opinion Yes indeed
opinion Get rid of the Fed
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