easyt65
Diamond Member
- Aug 4, 2015
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Fed Governor Donates to Clinton Even as Bank Guards Independence
"Fed Governor Lael Brainard gave $750 in three contributions to Clinton’s campaign between November and January, according to Federal Election Commission records.
Brainard, an Obama administration appointee to a top Treasury post before she joined the the Fed, acted within federal rules and has strong family ties to Clinton. Her husband, Kurt Campbell, was formerly a top adviser to the former secretary of state, serving as assistant secretary for east Asian and Pacific affairs.
While Fed officials sometimes identify with either major political party, donations to a presidential candidate by a senior policy maker are unusual, particularly at a time when the central bank is trying to guard its independence from politics. The Fed’s authority has been criticized during the campaign, and both Democratic and Republican lawmakers have questioned decisions about regulation and monetary policy.
Brainard’s donations “could provide fuel for Republican narratives about the proximity of the Fed and the board to the Obama administration"
No Conflict of Interest. Nothing questionable. Nothing to see here. It's al legal...move along....
"Fed Governor Lael Brainard gave $750 in three contributions to Clinton’s campaign between November and January, according to Federal Election Commission records.
Brainard, an Obama administration appointee to a top Treasury post before she joined the the Fed, acted within federal rules and has strong family ties to Clinton. Her husband, Kurt Campbell, was formerly a top adviser to the former secretary of state, serving as assistant secretary for east Asian and Pacific affairs.
While Fed officials sometimes identify with either major political party, donations to a presidential candidate by a senior policy maker are unusual, particularly at a time when the central bank is trying to guard its independence from politics. The Fed’s authority has been criticized during the campaign, and both Democratic and Republican lawmakers have questioned decisions about regulation and monetary policy.
Brainard’s donations “could provide fuel for Republican narratives about the proximity of the Fed and the board to the Obama administration"
No Conflict of Interest. Nothing questionable. Nothing to see here. It's al legal...move along....
