Congress Pressed to Move Into FRB Affairs
AP reports a growing temptation in Congress to involve itself in Federal Reserve Board matters. The semiautonomous body guides monetary policy like a Supreme Court of finance, adjusting interest rates to steer the economy. Its independence has long defied presidential wishes and wary lawmakers.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Federal Reserve Board
Congress
Board
Supreme Court
Fed
Reserve Board
William McChesney Martin
Joint Economic Committee
William Proxmire
Dwis
Federal Reserve
the Treasury
Treasury
Lyndon Johnson
Martin
TV Schedule and Federal Reserve Debate Summary
A TV listings page shows programs from 7:45 to 12:00 with titles ranging from Kansas Today to Final Report. A political analysis notes Congress debating Fed powers, potential guidelines, and a clash with Johnson's expansionary policy from 1965 to 1966.
MENTIONED IN THIS ARTICLE
WEEEY
Kansas Today
Jack LaLanne
Andy of Mayberry
Dick van Dyke
Wax Crayon Wall Plaque Craft by CAPPY DICK
A detailed mockup explains making a wax crayon wall plaque from soft wood. It covers selecting a simple silhouette, tracing outlines, carving a groove with a nail or nutpick, coloring with brown, yellow, black, green and red crayons, polishing, and denting the background with a screwdriver or dull nail. It mentions a future feature titled TOMORROW: A License Plate Game and How to Play It.
Today in History Perry Headed U S Delegation
Today marks July 8 in history with notable events. Commodore Matthew Perry led an American expedition to Yokohama Harbor to establish relations with Japan in 1853. Other items include Shelley’s death in 1822, the Liberty Bell crack in 1835, Wilson’s 1919 New York welcome, Norway’s move to London in 1940, Saipan’s capture in 1944, MacArthur’s UN command in 1950, Eisenhower’s Ottawa visit a decade ago, Spaak Khrushchev talks five years ago, and new Egypt Israel fighting along the Suez Canal last year.
MENTIONED IN THIS ARTICLE
Associated Press
Matthew Perry
Yokohama Harbor
U.S
Japan
Percy Shelley
Gulf of Spezzia
Italy
Independence Hall
Philadelphia
John Marshall
Woodrow Wilson
New York
France
Norway
London
Saipan
Douglas MacArthur
United United Nations
Dwight D. Eisenhower
Ottawa
Paul-Henri Spaak
Belgium
Nikita Khrushchev
Moscow
Egypt
Israel
Suez Canal
Japan Ruling Liberal Democrats Lead in Upper House Election
With 70 percent of votes counted in Tokyo the Liberal Democrats led by Eisaku Sato held 58 of 126 seats being decided in the 250 seat House of Councillors. The anti American Socialists won 16 seats and contended for 37 uncontested seats, far from their prior 73.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
United States
Eisaku Sato
Liberal Democrats
House of Councillors
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