Federal Reserve Board Chair Janet Yellen testifies during a hearing before the Senate Banking, Housing and Urban Affairs Committee February 24, 2015 on Capitol Hill in Washington, DC.
Federal Reserve Board Chair Janet Yellen testifies during a hearing before the Senate Banking, Housing and Urban Affairs Committee February 24, 2015 on Capitol Hill in Washington, DC. - 
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The Federal Reserve's Janet Yellen delivered her semiannual update to Congress today amid calls to audit the Fed's monetary policy decision-making. Yellen denounced efforts to increase Congressional oversight of how and why the Fed decides to print or buy back money, and Fed experts say it was designed to be insulated from political pressure. 

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