The Federal Reserve Plans to Raise Interest Rates… Maybe

Federal Reserve Chair Janet Yellen said Wednesday it’s a “live possibility” the Fed will raise interest rates for the first time since the 2008 financial crisis. While Yellen said “no decision has been made,” she made it clear the option is on the table during a House Financial Services Committee hearing Wednesday, reported Fox Business. The Federal Open Market Committee is scheduled to meet Dec. 15-16 to discuss whether the economy is stable enough to handle higher interest rates. The Read more […]

Rand Paul: Vote On Audit the Fed Bill Or I’ll Hold Up Janet Yellen’s Confirmation

All he’s wanting is a vote on the Audit the Fed bill that passed the House last year, but has stalled in the Senate for the past 3 years. He’s using Yellen’s confirmation hearing as an opportunity and a chance for the American people to see what the Fed has been up to. Obama should be perfectly fine with an audit of the Fed, since he’s all about transparency. If the Fed hasn’t done anything wrong, they should have nothing to hide, right? Isn’t that what we hear from government types Read more […]