Federal Reserve official under fire for donating to Hillary Clinton

Source: The Hill

Sen. David Vitter (R-La.), a member of the Senate Banking Committee, said the news that Lael Brainard, a Fed governor, had donated $750 to Clinton’s presidential campaign called into question the central bank’s political independence.
“If anyone had questions about the independence of the Federal Reserve, this makes it crystal clear they’re not,” he said in a statement.

Brainard, a former Treasury official under President Obama, joined the Fed’s Board of Governors in June 2014.
Brainard's husband was a State Department official under Clinton.

A Fed spokesperson told Bloomberg that Fed officials are to refrain from partisan political activities but are free to vote and make donations within certain guidelines, like other executive branch employees.

Read more: http://thehill.com/policy/finance/272372-fed-under-gop-fire-after-official-found-to-be-clinton-donor