Was watching a bit of the FED/Powell economic testimony during a really boring WebEx call this AM and was reminded there are still some really principled politicians but sadly they are a nearly extinct species. Specifically, I was listening to Pat Toomey (R-PA) who is sadly not seeking reelection. He has always been true to his small government libertarian principles and this AM was no exception as he very respectfully pushed back on Powell’s insistence that the Federal Reserve needed to continue expanding its mission statement into areas more appropriate for congress/fiscal policy than for a central bank. I find him to be a real mensch and also reminded myself of his recent vote on impeachment. I don’t agree with him on many policy issues but respect him more than many of the Dems.
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