House Holds a Hearing on Federal Reserve Independence

Yesterday, the House Financial Services Committee held a hearing on the proposed changes to Wall Street oversight entitled, “Regulatory Restructuring: Balancing the Independence of the Federal Reserve in Monetary Policy with Systemic Risk Regulation.”

Here are the testimonies of those who participated:

Hearings on Congress on the President’s regulation proposal will continue throughout this month. A draft bill is being prepared to mark up later this month, but the House won’t move to full debate until after the August recess.

For more information, I’ve written extensively about this topic: