Ridgewood NJ, During a congressional hearing on Wednesday Rep. Scott Garrett (R., N.J.) questioned Fed Chairwoman Janet Yellen about alleged conflicts of interest on the board. The congressman asked specifically about Fed governor Lael Brainard and her donations and connections to Hillary Clinton’s presidential campaign.
Federal Reserve Chair Janet Yellen’s defense of the central bank as non-partisan came under attack on Wednesday, as a Republican congressman cornered her on whether a key policy maker would have a conflict of interest in discussing a post in the next U.S. president’s administration.
Fed Governor Lael Brainard has donated to Clinton’s campaign and is widely viewed as a potential Clinton pick for Treasury secretary. Yellen hesitated and then demurred when Representative Scott Garrett of New Jersey asked whether Brainard would have a conflict of interest if she were indeed in talks with Democratic nominee Hillary Clinton’s campaign about a position
Ridgewood NJ, U.S. Rep. Scott Garrett will be on the podium next month at the annual Conservative Political Action Conference, joining the Republican presidential candidates and other prominent conservative officials.
Businessman Donald Trump, former Florida Gov. Jeb Bush, and Texas Sen. Ted Cruz are among the past and present GOP presidential candidates on the speakers’ list. New Jersey Gov. Chris Christie spoke at the conference in 2015.
The invitation comes as Garrett (R-5th Dist.) is precieved to be New Jersey’s most vulnerable congressional incumbent and will face a well-financed Democrat, former Clinton White House speechwriter Josh Gottheimer, this fall. Gottheimer raised $1.4 million last year, which was more than Garrett. Mr Gottheimer is another PR person like Ridgewood Mayor Paul Aronsohn given his disastrous tenure in Ridgewood residents may not share any enthusiasm for the media darling given the bad taste the Jim Mac Greevey mouth piece has left in Ridgewood.
Gottheimer is funded by Big Government donors,who are pro Wall Street bailouts, pro-corporate welfare , pro-crony capitalist types looking to remove the last impediment to getting their hands on more tax payer money.
“It’s not easy being a conservative from New Jersey but Scott Garrett has consistently led on conservative issues,” said Matt Schlapp, chairman of the American Conservative Union, which sponsors the annual conference.
Garrett is a co-founder of the House Freedom Caucus, a group of conservative Republicans. He was criticized for reportedly telling his colleagues that he would not support the House Republicans’ fundraising arm because it backed gay candidates.
U.S. Rep. Scott Garrett says criticism of his stance on gay marriage is a distraction from his efforts to improve the economy.
“Hardworking families know that good jobs are still hard to come by and the American Dream is stifled by big government,” Garrett said in a statement announcing his appearance at CPAC. “Our complicated tax code is more punitive than fair, thousands of new regulations bog down innovators, and the nearly $20 trillion national debt is jeopardizing our future. But being a conservative is about solving problems, and that’s why I’m proud to join CPAC to discuss solutions that will jumpstart our economy and return our nation to prosperity.”