Top Federal Reserve official donates to Hillary Clinton’s campaign

[Bubzer]

Federal Reserve governor Lael Brainard has contributed $2,700 to the presidential campaign of Democratic front-runner Hillary Clinton, according to federal records, an unusual donation from a top official at an institution that prides itself on political independence.

Brainard joined the nation’s central bank as a member of its Washington-based board of governors in June 2014 after serving as a senior official at the Treasury Department. Since then, she has made three donations directly to the Clinton campaign and one contribution to a joint fundraiser supporting her bid.

The most recent -- and largest -- donation was Feb. 1 for $1,950. Brainard has now reached the maximum limit for personal contributions.

Federal Reserve board members are presidential appointees, but the central bank has fiercely defended its decisions as free from political influence. Republicans have criticized the Fed for keeping interest rates too low for too long and have supported several bills that attempt to rein in the central bank’s power. Meanwhile, Democrats are urging the Fed not to raise interest rates too quickly to support faster growth. Both parties have questioned the Fed’s relationship with the big banks that it is charged with regulating.

https://www.washingtonpost.com/news/wonk/wp/2016/04/21/top-federal-reserve-official-donates-to-hillary-clintons-campaign/

The Banks sure love them some Hillary.

[wendylaroux]

1. I would laugh at all of this if it weren't so gd infuriating.

I mean doesn't all of this sound like a movie about corruption!!!!?????

Unfckingbelievable.