David Vitter wants to limit power of the Federal Reserve

WASHINGTON — Sen. David Vitter, R-La., is teaming up with Sen. Bob Corker R-Tenn., to limit the Federal Reserve to its traditional role of keeping inflation in check. “I’ve long argued that the Fed should just focus on inflation,” Vitter said Monday after he joined Corker in introducing their bill to reign in the Fed.

“With endless stimulus-type initiatives coming out of the Fed and the money printing press never ending – all under the banner of helping boost employment – the Federal Reserve should get back to its original goal,” Vitter said.

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