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>Port Authority snubs Legislature

>Port Authority snubs Legislature

MONDAY, FEBRUARY 6, 2012
THE RECORD

THERE AREN’T many government agencies as powerful as the Federal Reserve Board, which controls the nation’s monetary policy.

Nevertheless, when board Chairman Ben Bernanke was asked to appear before Congress last week, he dutifully did so. Bernanke probably knew he would take some heat from Republicans, and, in fact, the chairman was criticized by Rep. Scott Garrett, R-Wantage, for allegedly overstepping his bounds in regard to housing policy. However, answering to Congress is part of the job, and Bernanke fulfilled that duty.

Contrast Bernanke’s cooperative stance last week with that of the Port Authority of New York and New Jersey. In the wake of last fall’s massive toll hikes and recent reports in The Record about secret bonuses to employees and dozens of jobs going to those connected to the Christie administration, Port Authority officials were asked to appear last week before an Assembly committee in Trenton.

https://www.northjersey.com/news/opinions/138832639_No_authority.html

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