“Independent” does not mean “sovereign.” Someone should remind the Fed of this.”

“Is the Federal Reserve above the law? It sure seems to think it is. In the name of “independence” the Fed thinks it can do whatever it wants including ignoring a congressional subpoena. (Really this is probably one of the least of its “crimes.”)

Via “Unacceptable and disturbing.” Federal Reserve will not respond to a Congressional subpoena @ AgainstCronyCapitalism.org.