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Postpone Fed Chair Bernanke's Confirmation, Representatives Paul and Grayson Argue
Written By: Jeff Ignatius
Section: Commentary/Politics

Category: Guest Commentaries

2009-10-08 16:39:59

(Editor's note: This is a letter sent to U.S. Senate Banking Committee Chair Christopher Dodd by U.S. Representatives Ron Paul and Alan Grayson.)

Dear Chairman Dodd and members of the Banking Committee,

We are writing to ask you to postpone the confirmation of Ben Bernanke until the Federal Reserve releases documentation that will allow the public and the Senate to have a full understanding of the commitments that the Federal Reserve has made on our behalf. Without such an understanding, it is impossible to know whether Chairman Bernanke is fit to serve another term and fulfill the Federal Reserve's dual mandate to ensure price stability and full employment. A list of said documentation is enumerated below.

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