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Congress weighs in on Reserve Board powers and fate
Congress debates changing the Federal Reserve Board laws amid calls to curb its independence. Proposals include housing funding hewn from Fed tools and setting guidelines for money supply growth. Critics viewsuch moves as dangerous to economic neutrality while supporters argue for public accountability.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Federal Reserve Board
Congress
Board
Supreme Court
Fed
Accivity
Reserve Board
William McChesney Martin
Joint Economic Committee
William Proxmire
Dwis
Comic Art Siere
Howard Rogofsky
Glenn Farley
Federal Reserve
Secretary of the Treasury
Treasury