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Business

Yellen says 'audit' bill would politicize Fed

Published: 24 Feb 2015 - 07:18 pm | Last Updated: 16 Jan 2022 - 04:16 pm

 

Washington--Federal Reserve Chair Janet Yellen condemned Tuesday a bill in Congress to "audit" the Fed, saying it would inject politics into the work of the world's most powerful central bank.

"I strongly oppose 'Audit the Fed,'" she told a Senate hearing. "'Audit the Fed' is a bill that would politicize monetary policy."

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