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The Fed's dual mandate is under new pressure in D.C.
Yahoo Financeยท 2025-09-18 15:33
The long-held dual mandate of the Federal Reserve to maintain stable prices and maximize employment is under increasing scrutiny in the nation's capital as GOP pressure on the central bank intensifies. House Financial Services Committee Chair French Hill (R-Ark.) has introduced a new bill that would seek to end the Fed's dual mandate so that central bank policymakers could focus exclusively on one goal: controlling inflation. "For too long, the Federal Reserve has been stretched between competing objec ...