Mitt Romney on The Federal Reserve

Last Updated : Oct 20, 2011

Summary

In January of 2010, Governor Romney stated that he supported the reappointment of Ben Bernanke to the head of the Federal Reserve. He stated that although the Federal Reserve had some blame for the housing crisis and economic problems, Ben Bernanke was the most skilled and capable person to get the country through the economic mess.

In September of 2011,  Governor Romney stated in a debate that he would not reappoint Ben Bernanke if he were elected President. He noted his opposition to recent tactics, such as the quantitative easing steps.

In another debate, Governor Romney agreed with the need for greater transparency at the Federal Reserve. He stated that he would not agree with ending the Federal Reserve and he did not trust Congress with managing the responsibilities of the Fed.

 

Ben Bernanke Reappointment

On January 28, 2010 Governor Romney appeared on Fox News and spoke about the reappointment of Ben Bernanke to the Federal Reserve. He supports Bernanke's reappointment.

 

Reagan Debate

In September of 2011, Governor Romney participated in the Republican debate at the Reagan debate. He talks about his opposition to Ben Bernanke's policies.

 

TEA Party Debate

In September of 2011, Governor Romney participated in the TEA Party debate and was asked about the federal reserve. He stated that the Federal Reserve cannot be ended because Congress cannot be trusted to handle monetary supply. He also stated that it should be more transparent.

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