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Rocking the Fed’s Boat: The Federal Reserve's Independence is at Risk

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Publication Date: January 2008

Publisher(s): Hoover Institution on War, Revolution, and Peace

Author(s): Dino Falaschetti; Michael J. Orlando

Funder(s): Hoover Institution on War, Revolution, and Peace

Funder(s): Hoover Institution on War, Revolution, and Peace

Series: Hoover Digest

Topic: Banking and finance (Central banks)

Keywords: Economy; Federal Reserve

Type: Report

Coverage: United States

Abstract:

Following the 2008 global credit and housing crisis it is tempting to empower the Federal Reserve to fix problems in the financial services industry; however, doing so would risk the Fed's political autonomy.