House Republicans want to strip the New York Fed of a crucial power - Business Insider
House Republicans want to strip the New York Fed of a crucial power - Business Insider
It would be nice if the NY Fed, the Fed really in charge, would not have a permanent seat. It has power because it is representing the most powerful banks, the NYC banks. The House at least gets this.
It would be nice if the NY Fed, the Fed really in charge, would not have a permanent seat. It has power because it is representing the most powerful banks, the NYC banks. The House at least gets this.
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