Article Image
News Link • Federal Reserve

Fed under fire as public anger mounts

• AP
Suddenly the Federal Reserve is everybody's punching bag.

Strip the Fed of its bank regulation powers, some in Congress are demanding. Get probing audits of its behind-the-scenes operations, others say.

The chairman of the Federal Reserve Board is always fair game for criticism and second-guessing, usually over interest rate actions. But this year the criticism is much broader as Congress responds to widespread public anger that the Fed bailed out Wall Street but not ordinary Americans, and with unemployment in double digits.


Join us on our Social Networks:


Share this page with your friends on your favorite social network:

Agorist Marketplace