
Stealing Ron Paul’s thunder?
(Reuters) — Republican presidential candidate Rick Perry on Wednesday called for more transparency from the Federal Reserve to show that the central bank was not engaging in unspecified “improper” actions.
Under Fed chairman Ben Bernanke, the central bank has embarked on one of the most extended periods of cheap money in U.S. history in an effort to right the U.S. economy. The Fed has been criticized by many for opaque decision making on monetary policy.
“They should open their books up. They should be transparent so that the people of the United States know what they are doing,” the Texas governor said at a packed breakfast meeting in Bedford, New Hampshire.
“It would go a long way to showing if there had been activities that had been improper,” Perry said
Without such action, “there will continue to be questions about their activities and what their true goal is for the United States,” he added.
