Dianne Feinstein: “I will vote to table this amendment to S. 1301, the Bankruptcy Reform…”

On the recordSeptember 23, 1998

I will vote to table this amendment to S. 1301, the Bankruptcy Reform bill, which expresses the sense of the Congress ``that the Federal Reserve Open Market Committee should promptly reduce the Federal Funds rate.'' My vote to table this amendment should not be construed as opposition to lower interest rates. Rather, I do not believe it is the duty of this body, nor do I believe that it is appropriate for this body, to tell the Federal Reserve Open Market Committee what to do.

Said by

Dianne Feinstein

Democratic · California

Source

govinfo.gov

Editor's note · Context

Discussing the Bankruptcy Reform bill and the role of Congress regarding Federal Reserve actions.

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Dianne Feinstein: “I will vote to table this amendment to S. 1301, the Bankruptcy Reform bill, which expresses the sense of the Congress…”

Editor's note · Context