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Federal Reserve Appointees and Their Campaign Contributions

Tuesday, April 26, 2016 21:35
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(Before It's News)

by Paul-Martin Foss
Mises.org

Federal Reserve Board Governor Lael Brainard’s campaign contributions are in the news today, as she recently maxed out her contributions to Hillary Clinton’s presidential campaign. According to CNBC, Brainard is the only Federal Reserve Board Governor since 1990 to donate to a presidential campaign. While it isn’t illegal for Fed Governors to contribute to political campaigns, Fed officials have avoided making such contributions in order to avoid the appearance of impropriety and avoid compromising the Fed’s claims of political independence.

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The post Federal Reserve Appointees and Their Campaign Contributions appeared first on Financial Survival Network.



Source: http://financialsurvivalnetwork.com/2016/04/federal-reserve-appointees-campaign-contributions/

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