Andy Levin is a professor of economics at Dartmouth University and a former senior staffer at the Federal Reserve Board of Governors. Christina Parajon Skinner is a legal scholar at the University of Pennsylvania and formerly was legal counsel to the Bank of England. Andy and Christina have co-authored a new article titled, *Central Bank Undersight: Assessing the Fed's Accountability to Congress,* and they rejoin David on Macro Musings to talk about it. Specifically, they discuss the Fed's power under a constitutional authority, the three sources of Fed undersight, proposals for reform, and more. Transcript for this week's episode. Andrew's Twitter: @andrewtlevin Andrew's Dartmouth profile Christina's Twitter: @CParaSkinner Christina's UPenn profile David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings Join the Macro Musings mailing list! Check out our Macro Musings merch! Related Links: *Central Bank Undersight: Assessing the Fed's Accountability to Congress* by Andrew Levin and Christina Parajon Skinner *Andrew Levin on the Costs and Benefits of QE4 and the Future of the Fed's Balance Sheet* by Macro Musings

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“What did the council decide on item 42?” — answered with the speaker and the moment.