Monica De La Cruz: “The Fed reacts or participates outside of its congressional…”

“Unfortunately, like some horror movies, the call comes from inside the House. Erosion of Fed independence can happen from within the Fed itself. When The Fed reacts or participates outside of its congressional dual mandate on its own accord, like they have done recently with climate. or di. The Fed can not make itself a tool for politicians agenda. But it can also make grave policy errors, forcing Americans through no fault of their own, to pay the price of inflation.” (25:06–25:18)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.