On the recordJanuary 25, 2011
We have to deal with this. We have to deal with it forthrightly if we don't think the Fed ought to exist or if we think the Fed's mandate should be changed, we should change it.
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congress.govMelvin Watt: “We have to deal with this. We have to deal with it forthrightly if we don't think the Fed ought to exist or if we think…”
Editor's note · Context
Watt emphasizes the need for a clear discussion on the Federal Reserve's mandate.
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