Fed under fire as public anger mounts
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 ...
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the fed has failed in it's ... ' core mission of setting monetary policy' the meltdown was heated by the fed blind eye for the last 20 years....