As we've said (with CNBC's Carl Quintanilla's on-the-scene reports), U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke are in China this week. They're addressing issues the Bush administration - and Democrats for that matter – have with China's monetary and trade policies.
To some here in the states, that’s the problem. While Paulson is a chosen proponent of the administration, the Fed has been historically independent of the White House and Congress. So has Bernanke made a mistake by going? The question was asked on "Squawk on the Street."