Barney Frank: “I think it will be less independent as a Fed, because as you know, the…”

On the recordMay 7, 2012

I think it will be less independent as a Fed, because as you know, the regional bank presidents have an independent staff...

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Democratic · Massachusetts

Source

Frank argues that appointing Fed presidents by the Senate would reduce independence.

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Barney Frank: “I think it will be less independent as a Fed, because as you know, the regional bank presidents have an independent…”