Conduct an Internet search on Senate bill 2232, also known as the “Federal Reserve Transparency Act of 2015” and read the contents of the bill. (Note that this particular legislation failed to pass Congress.) Some economists and policymakers supported this, or similar, proposals while others, including Former Fed Chair Ben Bernanke, opposed it.

a. In two paragraphs, summarize the contents of the bill.

b. Based on your reading of its contents, why might some economists and policymakers have supported the bill?

c. Based on your reading of its contents, why might some economists and policymakers have opposed the bill?