Political Quotes

Jack Reed: “As the President's plan evolves, if it is not modified, the Federal Reserve essentially would be the direct regulator of…”

On the recordJuly 22, 2009
As the President's plan evolves, if it is not modified, the Federal Reserve essentially would be the direct regulator of most of the major financial institutions of the country.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed discusses the implications of the President's plan on Federal Reserve regulation.

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