https://www.c-span.org/video/?536810-1/federal-reserve-chair-testifies-monetary-policy-report
50:32
I DO NOT WANT TO DRAW YOU INTO ANY KIND OF A POLITICAL RESPONSE AND I HAVE NOT READ ALL OF THIS PROJECT 2025 DOCUMENTS. I READ SOME OF IT ONLINE A COUPLE OF NIGHTS AGO. EVEN WHETHER IT COMES OUT OF 2025 OR WHATEVER ONE OF THE THINGS THAT I AM CONCERNED ABOUT READING FROM THIS DOCUMENT. IT ARGUES THE FEDERAL RESERVE IS THE INFLATION PROBLEM. AND ELIMINATING THE FEDERAL RESERVE AND IMPOSING ECONOMIC POLICY ON A FED THAT DOES NOT COME FROM WITHIN THE FED, SO I AM WONDERING HERE WOULD YOU AGREE WITH ANY OF WHAT I JUST STATED WHETHER IT CAME FROM ME OR CIARAN McHENRY OR ANYONEELSE. SPEED I WOULD JUST SAY IT FIRST OF ALL. WE ARE CERTAINLY FAIR GAME FOR ANY CRITICISM PEOPLE HAVE. I THINK WHAT WE HAVE LEARNED AND WHAT WE KNOW IS THAT HAVING A CENTRAL BANK IS REALLY ESSENTIAL. IF YOU WANT TO HAVE HIGH AND VOLATILE INFLATION THE QUICKEST ROUTE TO THAT WOULD BE TO UNDERMINE THE INDEPENDENCE OF THE CENTRAL BANK OF THE FED IN OUR CASE. I FRANKLY THINK THAT VIEW IS WIDELY HELD. I FIND UP HERE ON CAPITOL HILL