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Republicans' audit move set to challenge Fed's independence

New 'Audit the Fed' bill would allow any legislator to examine monetary policy activities of the US central bank

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Federal Reserve chair Janet Yellen has been a target for Republicans, who now control both houses on Capitol Hill. They are accusing the Fed of being a law unto itself and being controlled by Democrats.

Washington

AFTER unemployment and deflation, Federal Reserve chair Janet Yellen finds herself in her toughest battle yet, fighting a push by Congress to assert itself over monetary policy.

Newly in control of both houses on Capitol Hill, Republicans accuse the Fed of misguided

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