This time, the jab at the Federal Reserve comes from the Congressional left.
So it goes these days for the U.S. central bank, which, as we have noted, finds itself more centrally located in the political maelstrom than at any time in the past two decades.
For weeks, conservative Congressional Republicans, unhappy with the Fed’s plan to stimulate the economy by buying $600 billion of U.S. Treasurys, have been firing away. Now, the Senate’s lone socialist. Sen. Bernie Sanders, a Vermont independent, takes a turn.