"Scathing rebuke" of economy delivered by Hoenig, KC Fed Chief and department alumnus

in

Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, visited Des Moines on Thursday to deliver a "sweeping speech" on the economy. Hoenig is an ISU alumnus who earned his Ph.D. from the Department of Economics. Read more about what he had to say in the following Des Moines Register article by Adam Belz: http://www.desmoinesregister.com/article/20110701/BUSINESS/107010344/In-D-M-Fed-bank-chief-rails-against-Congress-consumers?odyssey=tab|topnews|text|Frontpage