Political Quotes

Richard Shelby: “With decision-making authority dispersed to the Board and Reserve Banks, who will be accountable to Congress for the…”

On the recordJune 17, 2009
With decision-making authority dispersed to the Board and Reserve Banks, who will be accountable to Congress for the systemic risk regulation function as the 'system' cannot appear to testify right here before Congress?
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby questions accountability in the Federal Reserve's structure regarding systemic risk regulation.

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