More Than Half of Americans Want Fed Reined In or Abolished

More Than Half of Americans Want Fed Reined In or Abolished

Joshua Roberts/Bloomberg

Americans across the political spectrum say the Fed shouldn’t retain its current structure of independence. Asked if the central bank should be more accountable to Congress, left independent or abolished entirely, 39 percent said it should be held more accountable and 16 percent that it should be abolished. Only 37 percent favor the status quo.