The Federal Reserve: Power and Accountability with Richard Stern

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Main Street Matters with Elaine Parker and Alfredo Ortiz explores the intersection of small business and government policy. With more than 90 million Americans either owning or depending on small business for their household income, policies like taxes, regulations, and access to credit have a huge effect on the American Dream. Elaine and Alfredo talk with small business owners, government officials and office holders, and experts about everything from education to the labor market on this interesting and entertaining podcast.

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Wednesday, September 3, 2025

In this episode of Main Street Matters, Elaine Parker speaks with The Heritage Foundation's Richard Stern about the Federal Reserve's significant influence on the economy, the potential for privatizing the money supply, and the impact of recent legislation on banking. They discuss the rise of FinTech as a solution to gaps left by traditional banks, the importance of transparency in the Fed's decision-making process, and the complexities surrounding inflation and interest rates. The conversation also touches on the role of tariffs in economic negotiations and the challenges faced by small businesses in the current economic climate.

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