Just yesterday, Congressman Foster and I sent you a letter signed by 16 Democrats and 16 Republicans to express our concerns about the equity market structure proposals that the Commission has initiated.
Foster discusses bipartisan concerns over equity market structure proposals.
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I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.
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