Efforts to Depoliticize the Fed Will Likely Make Matters Worse

Efforts to Depoliticize the Fed Will Likely Make Matters Worse

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In December 2022, then-Senator Pat Toomey (R-PA) introduced the Federal Reserve Accountability Act. It is intended to increase accountability, address left-leaning political activism, and ensure greater geographic and professional diversity within the Federal Reserve System. Sen. Toomey has been…

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