Dartmouth economist Andrew Levin, a former aide to Federal Reserve Chair Janet Yellen, has proposed major reforms to radically alter the structure of the Fed, reports the weekly news magazine The Week. Levin says the changes would ensure accountability, transparence, and good governance.
“The Fed, in order to be effective, has to have the confidence of the public,” Levin says in the article.
The article says that Levin’s reforms are “broad, and the details for how they could play out are negotiable, but they’re aimed at starting a conversation around the topic.
Read the full story, published 4/13/16 by The Week.