Myrtle Beach, SC Correspondent — The Fed isn't a priesthood and it isn't a campaign desk. Elected control already exists in the statute — a mandate Congress wrote, governors the Senate confirms, a chair who can be embarrassed in a hearing. Using those tools is adult. Turning the mid-year rate path into a loyalty test … Continue reading Is a mid-year fight over the Federal Reserve’s independence a necessary assertion of elected control, or a risk to the only remaining adult in the rate room?