Congressional Hearing on Federal Reserve Reform Proposals
January 1, 2018
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Finance Connection
| Candidate | Donor | Amount | Industry | Date |
|---|---|---|---|---|
| FRIENDS OF ANDY BARR COMMITTEE | CLEMENTI, CHRISTOPHER | $17,000 | CEO | Mar 2026 |
| FRIENDS OF ANDY BARR COMMITTEE | CLEMENTI, MICHAEL S | $17,000 | PRESIDENT | Mar 2026 |
| FRIENDS OF ANDY BARR COMMITTEE | PATRICOFF, HAROLD JR. | $10,000 | ATTORNEY | Mar 2026 |
| FRIENDS OF ANDY BARR COMMITTEE | PATRICOFF, NELEA | $10,000 | - | Mar 2026 |
| FRIENDS OF ANDY BARR COMMITTEE | CLEMENTI, JUSTIN | $10,000 | VICE PRESIDENT | Mar 2026 |
| FRIENDS OF ANDY BARR COMMITTEE | ABRAMOWITZ, KENNETH | $1,000 | RETIRED | Mar 2026 |
| FRIENDS OF ANDY BARR COMMITTEE | AMERICAN MARITIME OFFICERS VOLUNTARY POLITICAL ACTION FUND | $1,000 | - | Mar 2026 |
Reported financial relationships and timing signals. This does not prove motive or influence. Readers draw their own conclusions.
The Frame
This hearing serves as a formal legislative step to evaluate changes to how the Federal Reserve conducts and communicates , which directly influences national interest rates, credit availability, and economic growth.
Potentially affected actors named in the source documents. Mention is not a position.
Federal Reserve
The institution is the subject of proposed reforms regarding its communication and policy-making processes.
U.S. Economy
Changes to monetary policy communication are intended to influence economic growth and credit availability for the general public.
Last recorded activity January 1, 2018.
Next step not available in the current record.
Summary
Key Facts
- The hearing took place on November 7, 2017, in the Rayburn House Office Building.
- The hearing was titled 'Examining Federal Reserve Reform Proposals'.
- The subcommittee discussed the impact of monetary policy communication on economic growth and credit availability.
- Four expert witnesses provided testimony: Jared Bernstein, Andrew T. Levin, Mickey Levy, and Charles I. Plosser.
- The Chairman stated that the goal of the hearing was to consider legislation aimed at improving the clarity of Federal Reserve policy communications.
- Members of the subcommittee were granted 5 legislative days to submit extraneous materials for the official record.
Frequently Asked Questions
What was the purpose of this hearing?
Who testified at the hearing?
Why It Matters
This hearing serves as a formal legislative step to evaluate changes to how the Federal Reserve conducts and communicates , which directly influences national interest rates, credit availability, and economic growth.
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Focus on Communication
The hearing highlights a specific legislative interest in mandating clearer communication from the Federal Reserve to reduce market uncertainty.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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