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By John Sullivan, AdvisorOne |
October 21, 2011
A new report from the Government Accountability Office, which details potential conflict of interest within the Federal Reserve, finds that the Fed is taking on additional risks to its reputation by allowing the banking industry to participate in choosing board members at the 12 regional Fed banks.
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By John Sullivan, AdvisorOne |
September 14, 2011
The top Democrat on the House Financial Services Committee is pushing to limit the voting rights of regional Fed presidents on central bank interest rate decisions.