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Dallas Fed president warns Republicans against making central bank account for itself
Fed's Fisher Tells Congress: Don't Mess with Central Bank
By Matthew Boesler and Michael McKee
Bloomberg News
Wednesday, November 5, 2014
NEW YORK -- Senate Republicans should resist the temptation to erode Federal Reserve independence after victory in mid-term elections, Dallas Fed President Richard Fisher said.
"Think about this: Here's a Congress that can't even get its own budget together. Do you want them running the central bank?" Fisher, a former deputy U.S. trade representative under President Bill Clinton, said today in an interview on Bloomberg Television.
Republicans who already run the House won command of the Senate yesterday and will take charge of the Senate Banking Committee, which oversees the U.S. central bank, when the next Congress convenes in January.
Lawmakers have sponsored several bills that propose changes in the way the Fed conducts monetary policy and would subject the institution to greater congressional scrutiny. ...
... For the remainder of the report:
http://www.bloomberg.com/news/2014-11-05/fed-s-fisher-tells-congress-don...
Sinclair's Next Market Seminar Is Nov. 15 in San Francisco
Mining entrepreneur and gold advocate Jim Sinclair will hold his next market seminar from 10 a.m. to 3 p.m. on Saturday, November 15, at the Holiday Inn at San Francisco International Airport in South San Francisco, California. Admission will be $100. For more information and to register, please visit:
http://www.jsmineset.com/2014/10/10/san-francisco-qa-session-announced/
Join GATA here:
Mines and Money London
Business Design Centre
London, England, U.K.
Monday-Friday, December 1-5, 2014
http://www.minesandmoney.com/london/
Vancouver Resource Investment Conference
Vancouver Convention Centre West
1055 Canada Place, Vancouver, British Columbia, Cananda
Sunday-Monday, January 18-19,2015
http://cambridgehouse.com/event/33/vancouver-resource-investment-confere...
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