On the recordMarch 23, 2009
If you think that the Fed is an independent agency, you are smoking something that is illegal.
Said by
Jim Bunning
Source
congress.govIf you think that the Fed is an independent agency, you are smoking something that is illegal.
Bunning questions the independence of the Federal Reserve amidst financial bailouts.
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More from Jim Bunning
How would you grade the bill the Senate passed in the last Congress and the bill that recently passed the House in terms of improving the relationships between the premium property owners pay and their actual risk?
if the Congress does it that way, you are absolutely correct that this program will fall into an abyss and never pay for itself, and the Government will be on the hook for more than the 18 plus billion dollars it presently is.
One of my proudest accomplishments in the U.S. Senate was authorizing the 2004 law that reauthorized the National Flood Insurance Program.