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Huizenga on the Fed: Vote shows decisive movement

Today, Monetary Policy & Trade Subcommittee Chairman Bill Huizenga (MI-02) released the following statement regarding yet another missed opportunity by the Federal Reserve to restore a market-based approach to monetary policy:

“While the majority of FOMC members yielded to the central planners in the Eccles Building, today’s vote showed decisive movement in support of returning to a market-based approach to monetary policy,” said Chairman Huizenga. “Having the Fed clearly communicate its monetary policy decisions is vital to our economy and critical to ensuring all Americans have access to opportunity. Enacting the FORM Act will strengthen our economy, increase opportunity, and enhance accountability as well as transparency at the Federal Reserve.”
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