Political Quotes

On the recordMay 19, 2009
I hope we will have another round, but the Fed's role, in your last job before you became Secretary of the Treasury, as President of the Federal Reserve Bank of New York, you had bank examination and enforcement responsibilities and monetary policy responsibilities with your permanent vote on the Federal Open Market Committee.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby discusses the Fed's conflicting roles and responsibilities.

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