Barney Frank actually said...

The constitutionality of my provision is what it says in the Constitution, that important government officers should be appointed by the Pre...

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

I understand that, but I assume that is what you wanted when you voted not to subject them to the appropriations process.

That is a very good question and proves why we shouldn't pass the bill.