✉news WorldUS Politics first seen 11 h ago, last 7 min ago, peak #2
Make the Fed's Report to Congress Worth Reading
Original: Make the Fed’s Report to Congress Worth Reading
The Cato Institute argues the Federal Reserve's monetary policy report to Congress has become a formality rather than a meaningful document. The libertarian think tank calls for reforms that would make the report a genuinely useful account of the Fed's decisions and reasoning, giving lawmakers and the public a clearer basis to hold the central bank accountable during its periodic testimony on Capitol Hill.
Why now: The Fed's regular reporting and testimony to Congress draws renewed scrutiny from critics pushing for greater central bank accountability.
Cato InstituteFederal ReserveUS Congress
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- Make the Fed’s Report to Congress Worth Reading · Cato Institute
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