A leading Tea Party group is recommending lawmakers adopt a “tag team” approach when questioning Federal Reserve Chairman Ben Bernanke, so he can not evade their questions with an excess of economic jargon.
In a confidential memo, sent to legislative directors on Capitol Hill, leading Tea Party group FreedomWorks paints Bernanke as an evasive figure who will “run out the clock” on probing questions with “vague declarations and empty assurances.” A copy of the memo was obtained by The Hill.
“Mr. Bernanke can be seemingly forthcoming without actually responding to the specific question,” the memo states. “He will offer concisely-worded explanations with pained earnestness, finally resorting to repeated declarations that the Federal Open Market Committee will be ‘extremely vigilant’ and ‘very careful’ in gauging when to withdraw excess monetary stimulus.”