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Hagerty Questions Fed Chairman Powell on Interest Rates, Fiscal Responsibility, Political Independence
March 08, 2024
WASHINGTON, March 8 -- Sen. Bill Hagerty, R-Tennessee, issued the following news release on March 7, 2024:

United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today in a hearing questioned Federal Reserve Chairman Jerome Powell on his outlook for interest rates, the macroeconomic impact of the Biden Administration's fiscal irresponsibility, and the political independence of the Federal Reserve.

Hagerty stressed that the credibility of t . . .

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