In response to the economic and financial crisis of 2008-2009, the Fed has expanded the scale and scope of its activities. Although praised by many experts for their actions, the Fed and its chairman, Ben Bernanke has faced harsh criticism from some public commentators and members of Congress. This document summarizes the criticism and answer Bernanke, underlining the tension between the Congress and the Federal Reserve supervision Fed's independence from political influence. "Hide
by Lakshmi Iyer, Matthew C. Weinzierl Source: Harvard Business School 4 pages. Publication Date: January 21, 2010. Prod. #: 710051-PDF-ENG
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