When you have this devastating situation, there is nobody else--there is no other agency that has the mandate to deal with it as the Fed.
Joyce Beatty: “When you have this devastating situation, there is nobody else--there is no other agency that has the mandate to deal…”
Editor's note · Context
Beatty emphasizes the Federal Reserve's responsibility to address unemployment in the African-American community.
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This latest development is a transparent effort to circumvent the court's ruling and flies in the face of the statutes that Congress passed.
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