NO, I'M NOT GOING RON PAUL/BAGGER

But we need to change how the Federal Reserve is run and make it more responsive to the general public instead of being packed with MOTU. Matt Yglesias sums up the criticism:

The regional Fed presidents exercise important public policy authority, but they’re primarily selected by local for-profit business interests rather than by public officials. It would be as half the Supreme Court justices were selected by corporate law firms dispersed around the country.