Republican hopefuls attack Fed

GOP candidates for the presidential race lined up to attack the Federal Reserve yesterday, as the race prompted some fiery rhetoric. Right-wing Texan governor Rick Perry said it would be “treasonous” if Fed chairman Ben Bernanke announced more quantitative easing, also adding: “We would treat him pretty ugly down in Texas.” Rival Michele Bachmann was more measured in her comments, saying she has written to the Fed to oppose more monetary easing.