James Traficant: “School boards, council meetings, all public meetings in America are…”

On the recordMay 8, 1997

School boards, council meetings, all public meetings in America are subject to the sunshine law, except the Federal Reserve Board. The Fed says what America does not know is good for America. If that is not enough to starch your leotards, check this out: The Federal Reserve Bank of Kansas City allowed 28 officials from China, Japan, and Europe to attend one of their meetings where they discussed monetary policy. Unbelievable. The American people are shut out, even Congress is shut out, but the Chinese, the Japanese, and the Europeans are allowed in. Beam me up, Mr. Speaker. It is time for Congress to audit and investigate these bunch of internationalists setting our monetary policy that allow the Chinese and the Japanese in. American sunshine, no way. Rising sun, welcome. The last I heard, Uncle Sam controlled the Fed, not Uncle Sucker. Let us get our job done.

Said by

James Traficant

Ohio

Source

govinfo.gov

Editor's note · Context

Addressing the lack of transparency at the Federal Reserve and foreign officials' access to its meetings.

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James Traficant: “School boards, council meetings, all public meetings in America are subject to the sunshine law, except the Federal…”

Editor's note · Context