Political Quotes

Charles Rangel: because these Treasury notes, these notes that will be in the Federal Reserve are always redeemable, they are not at…

On the recordSeptember 25, 1998
because these Treasury notes, these notes that will be in the Federal Reserve are always redeemable, they are not at risk. And if they ever became at risk in the Federal Reserve Bank, it would mean the Republic would be bankrupt.
Said by
Charles Rangel
Democratic · New York

Editor's note · Context

Discussing the security of Treasury notes during a debate.

Share

More from Charles Rangel

Jun 16, 2021

We could bring a halt to this condition which is killing off American youth.

congress.gov
Jun 14, 2016

Let me make it perfectly clear. If the IRS had leaked information or had not done their job, they should not only be investigated, they should go to trial, and those who violate the law ought to be convicted and serve time for it. You…

govinfo.gov
Sep 12, 2016

I am for national health insurance, but that doesn't mean to me that wealthy people can't kick it up to any notch they want for any other type of medical attention that they can afford.

congress.gov
Sep 12, 2016

I have universities that have campuses all over the world. Are you telling me, Mr. McCluskey, that my national security is going to be tied up because university presidents want to make an appeal to families that want their kids to go all…

congress.gov

Other voices in this conversation