Biden proposes saddling an already struggling Federal Reserve with two political activists

Washington Post/George Will/ 1-28-2022

composite photo of Joe Biden and Jerome Powell“Today’s Federal Reserve illustrates this axiom: When a government entity cannot, or would rather not, adequately perform its primary function, or when it feels that its primary function is insufficiently grand, the agency will expand its mission, thereby distracting attention from its core inadequacy.”

USAGOLD note: At a time when few are willing to question the Federal Reserve, George Will – a pundit from the old school – posts a scathing exposure of its politicization, i.e., its Biden administration inspired tilt to the left.

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