No other industry has that much power to select its regulators.
I would hate to think of a scenario in which CRA responsibility and duties don't continue to reside over on the regulatory side also.
Inflation is a monetary issue and we just doubled the money supply in a short period of time.
According to government statistics, but not according to the consumers. Private sources say that the consumer price index is much higher tha...
I argue there is a real challenge to the consumer in two points. One, the consumer is always losing purchasing power.
I find it rather fascinating that we are talking about where the regulations will go, whether it is going to be in the Fed or a new agency.
There is a strong argument now that the more we know about what has been going on in this last year, the more it would have helped the marke...
I am a believer that interest rates, like prices, should be set by the marketplace.
Of course, you know, without an audit we never know.
I believe if we continue to do these things, continue to have stimulus packages and deficits, we are going to have crippling inflation.
They don't want to make it a political football.
A lot of us think of independence--we put another word in there automatically, that means 'secret' and 'clandestine' and 'serving special in...
Didn't you find out that we are not supposed to do that around here? We don't have that much concern about it.
The Fed is a government unto itself. You know, they hire and make their wages and it doesn't go through the ordinary process.
So transparency, how can you be against transparency? But I believe the Congress would be more effective in its oversight of the Federal Res...
I think it is in the public interest that we have an unfettered debate within the Open Market Committee...
Now it sounded to me like the majority here is for independence, which is a code word for secrecy and in opposition to transparency.
For me, independent usually is a code word for 'secret,' so we can't get the information.
