President Joe Biden recently announced he is appointing Jerome Powell for a second term as chairman of the Federal Reserve. Biden said he valued Powell’s “independence.”
This perpetuates a silly myth – that the Fed is an “independent institution” above the political fray.
For Further Reading
- Mississippi Bill Would Take a Step Toward Treating Gold and Silver as Money - January 21, 2022
- Maryland Bill Would Set Foundation to End Unconstitutional National Guard Deployments - January 21, 2022
- Iowa Subcommittee Approves Bill to Take on Federal Gun Control; Past, Present and Future - January 20, 2022