Fed's Fisher Blasts Congress, Takes Aim at New York Fed Power
Richard Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas.
Photographer: Patrick Fallon/BloombergThis article is for subscribers only.
Federal Reserve Bank of Dallas President Richard Fisher blasted politicians seeking more influence over U.S. monetary policy and urged changes that would shrink the role for New York and Washington Fed officials.
Fisher derided legislation introduced by Republican Senator Rand Paul of Kentucky that would allow the Government Accountability Office to audit the Fed’s monetary policy decision-making.