Unreal

One of the most over-used reason to justify why auditing the F_E_D by Congress is a bad thing (even though everything they carry out is constitutionally a Congressional mandated responsibility) is political pressure to cajole the F_E_D in to doing one thing or another, in short, political pressure.

After Yellen aggressively and panicked, goes on to defend the F_E_D's ability to do whatever it wants with no oversight and "strongly opposing Audit the F_E_D", Senator Chuck Schummer just comes out in a prepared statement and tells Yellen that the F_E_D NEEDS to act with caution and advises her to stay committed to "current accommodative policy".

Why wouldn't Yellen simply say, "This is exactly the kind of political pressure we oppose at the F_E_D"? Instead she gives a calm, polite answer to which Schumer's final response is another warning to be cautious with regard to monetary policy.

Pay attention to the players, that was Obama talking, virtually her only ally between the 2 branches of government (excluding judicial).