Donald Kohn, vice chairman of the U.S. Federal Reserve, test
UNITED STATES - JULY 09: Donald Kohn, vice chairman of the U.S. Federal Reserve, testifies at a House Financial Services subcommittee hearing in Washington, D.C., U.S., on Thursday, July 9, 2009. Kohn said any "substantial erosion" of the central bank's independence in setting interest rates may fuel investor fears of inflation and provoke higher long-term borrowing costs. (Photo by Brendan Hoffman/Bloomberg via Getty Images)

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