Ronald Reagan actually said...

The central responsibility for monetary policy in the United States rests, of course, with the Federal Reserve Board.

Remarks via Satellite to Newsweek Magazine Employees and Press on the 50th Anniversary of the Magazine

02/23/1983

More Ronald Reagan Quotes

Congress is made up of spendthrifts.

That's a pretty good answer. Yes.

Our message is clear to friend and foe alike: America stands with Europe.

I will do my share, as I said on March 4, 'to make the congressional oversight process work.'