A G.O.P. Takeover of the Senate Would Mean More Scrutiny of the Fed?

A G.O.P. Takeover of the Senate Would Mean More Scrutiny of the Fed?

Nasdaq.com published an article by Victoria McGrane of Dow Business News that argued that a G.O.P. takeover of the Senate today would pressure the federal government to “put the Fed under the microscope”. As evidence, Ms. McGrane quoted Camden Fine, president of the Independent Community Bankers of America:

If the Republicans take control of the Senate and thus have control of both the House and the Senate–two words for the Federal Reserve: Watch out.

McGrane also noted that, under a Republican-led Senate, Federal Reserve-foe Richard Shelby of …

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