Politicizing and giving Congress more power over what is supposed to be (and needs to be) an independent central bank is one of the most awful reasonable-sounding policy proposals currently in fashion.
The FED has more power over Congress than Congress has over it.
Of course not. It's pure idiocy.
How so? If auditing the FED is idiocy, then so is reporting campaign finance issues and releasing tax returns.
Hell no, this easily been one of the worst products of the backlash against the center/elite.
If we all despise the "elite" so much, why not kill the weed at its roots?