Obama ‘pleased’ with Fed’s Yellen: White House

Obama and Raul Casto hanging out.
Obama and Raul Castro hanging out.

So what if he’s “pleased“? The Fed is supposed to be independent. This is not the type of language which the president should be using with regard to our central bank. That the Fed is “independent” of political pressures is the whole (false) argument against auditing the Fed.

Click here for the brief article.