The Fed Loans $1.2 Trillion and Who Got It Is None of Our Busiess

This was news to me. I'd no idea that the Federal Reserve System had recently lent $1.2 trillion, and maintains that it's none of the public's business. I understand the rationale of making the Fed independent of politics, but right now the Fed's actions are over the top, and in need of public scrutiny. One option Congress always has is simply to change the law creating the Federal Reserve system. Perhaps that eventuality is approaching. Have a look.