Federal Reserve reform: A conversation with Rep. Andy Barr (R-KY)
Responding to the financial crisis, the Federal Reserve chose to greatly expand its role in the economy. It went from managing the federal funds rate to bailing out the largest financial institutions, pegging short-term rates near zero, and purchasing massive amounts of long-term government bonds and mortgage-backed securities. These policies inflated risky asset prices and exacerbated wealth inequality but failed to generate robust economic growth.
Join AEI, Rep. Andy Barr (R-KY), and a panel of experts as they discuss the national debate on the competency and governance of the Federal Reserve System. Has the Fed become too powerful and unaccountable? Is legislation needed to modify the Fed’s mandate or improve its structure, governance, and accountability?
RSVP Here.
Agenda
8:15 AM
Registration
8:30 AM
Introduction
Paul Kupiec, AEI
8:35 AM
Discussion
Andy Barr, Chairman of the House Subcommittee on Monetary Policy and Trade (R-KY)
Paul Kupiec, AEI
8:50 AM
Q&A
9:00 AM
Panel discussion
Participants:
Peter Conti-Brown, Wharton School of the University of Pennsylvania
Aaron Klein, Brookings Institution
Alex Pollock, R Street Institute
George Selgin, Cato Institute
Moderator:
Paul Kupiec, AEI
10:00 AM
Q&A
10:30 AM
Adjournment
