JD FOSTER: The Fed Sits Under Whose Tent?

1 sourceUpdated Jul 1, 2026

Just how independent is the Federal Reserve? Former Texas Sen. Phil Gramm and former Texas Rep. Jeb Hensarling recently commented on the Federal Reserve’s independence with respect to conducting monetary policy. On…

In this story:Jeb HensarlingPhil GrammFederal Reserve System

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Jeb Hensarling

Phil Gramm

Federal Reserve System

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