The public is more concerned about is not the Federal Reserve's role on monetary policy but the Federal Reserve's role in bailing out certain entities like AIG and Bear Stearns
Mary Jo Kilroy: “The public is more concerned about is not the Federal Reserve's role on monetary policy but the Federal Reserve's role…”
Editor's note · Context
Kilroy emphasizes public concern over Federal Reserve bailouts rather than its monetary policy role.
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One issue that does concern me, and that I have heard from numerous constituents throughout the last several months, is the effect that adverse market fees from the GSEs are having on my constituents' abilities to purchase a home.
This logical and commonsense bill would maximize profits for our taxpayers and ensure transparency by requiring an open process.
I find it unacceptable that the downturn hurt Main Street hardest, yet the recovery seems to be benefiting corporate America first.
This is the time to push Treasury to open the process with transparency and to make sure Americans get the deal that they deserve.





