The USA needs a independent Fed, not bullied, swayed or pressured by either party or any politics. We live in an economy where inflation is not controlled nearly as much by supply, demand, interest ratesor even the value of the dollar in some respects. We have inflation driven by the supply of money as we can and do print money at will we need an independent and a fed board that is knowledgeable about how the money supply impacts our inflation and economy, thus making the need to be independent. To me it is too bad we needed to have the judicial system even have to be involved in keeping the fed indpependent.

Bryce

Can we get a reincarnated Volcker

So who oversees and insures the ongoing integrity of the Fed seven or the other 5 members of the Federal Open Market Committee after they have been appointed and confirmed?

Absolute power corrupts absolutely.