(The Hill) Republican lawmakers are blasting the Federal Reserve after it was revealed tht one of its top officials has donated to Hillary Clinton.
Sen. David Vitter (R-La.), a member of the Senate Banking Committee, said the news that Lael Brainard, a Fed governor, had donated $750 to Clinton’s presidential campaign called into question the central bank’s political independence.
"If anyone had questions about the independence of the Federal Reserve, this makes it crystal clear they’re not," he said in a statement.
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And House Financial Services Committee Chairman Jeb Hensarling (R-Texas) said the donations are the latest sign the Fed is essentially a tool of the administration.