Obama in crossfire as battle for control of the Fed heats up

“At stake is the chairmanship of an organization whose global influence has grown ever larger in recent years. The impact of the Fed’s policies can be seen everywhere. On top of its global role, the Fed has beefed up its activities as regulator in the US. Whoever gets the job will be taking over a position more powerful than the one Bernanke inherited when he was appointed in 2006.  Obama said recently that the appointment ‘is definitely one of the most important economic decisions I will make in the remainder of my presidency. The Federal Reserve chairman is not just one of the most important economic policymakers in America. He or she is one of the most important policymakers in the world.'”

http://www.rawstory.com/rs/2013/08/25/obama-in-crossfire-as-battle-for-control-of-the-fed-heats-up/

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