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Past Event

The politics of the Fed: Past, present and future

Past Event

The politics of the Fed: Past, present and future

Louise Sheiner, Roger Lowenstein, Sarah A. Binder, and Donald Kohn

The Federal Reserve was created by Congress and Woodrow Wilson in 1913 amid political controversies and compromises over mistrust of Washington and big banks — echoes present in today’s political debate. 

On October 22, the Hutchins Center on Fiscal & Monetary Policy at Brookings hosted a discussion with accomplished journalist and writer Roger Lowenstein, author of a new book on the birth of the Fed, “America’s Bank: The Epic Struggle to Create the Federal Reserve.” who took the lessons of history to illuminate today’s controversies over the Fed.  After his presentation, Brookings scholars Donald Kohn, a former Fed vice chair, and Sarah Binder, who has been researching the politics of the Fed, joined Lowenstein in a discussion moderated by Louise Sheiner, policy director of the Hutchins Center.

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Agenda

The politics of the Fed: Past, present and future

On October 22, the Hutchins Center on Fiscal & Monetary Policy at Brookings hosted a discussion about lessons in history that illuminate today’s controversies over the Fed.

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