Perry attacks monetary policy held by Fed chairman Bernanke

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WASHINGTON — Republican presidential candidate Rick Perry is renewing his criticism of the Federal Reserve Board, saying it must be more transparent.

The Texas governor repeats in a CNBC interview that if elected president, he wouldn’t reappoint Ben Bernanke as Fed chairman.

Asked about that, Perry said, “We would put someone in who actually believes that the private sector is how you stimulate the economy — not by printing more money at the Fed.”

Perry created controversy earlier by saying that if Bernanke came to Texas, “we would treat him pretty ugly.”

Printed on September 30, 2011 as: Perry attacks monetary policy held by Fed chairman Bernanke