Political Quotes

On the recordMarch 9, 2009
The Fed does not have the authority to simply expend taxpayer dollars.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed clarifies the Fed's role as a lender, not a spender of taxpayer money.

Share & report

More from Jack Reed

Oct 2, 2025

Drug cartels are despicable and must be dealt with by law enforcement. But now, by the President’s own words, the U.S. military is engaged in armed conflict with undefined enemies he has unilaterally labeled ‘unlawful combatants,’ and he…

theintercept.com
Mar 23, 2025

one of the most egregious failures of operational security and common sense

cbsnews.com
Sep 12, 2025

There is no evidence — none — that this strike was conducted in self-defense.

truthout.org
Oct 22, 2025

requiring all Department of Defense communications with Congress to be controlled by Secretary Hegseth's office raises serious questions about transparency and the timely flow of information that lawmakers need to conduct oversight.

cbsnews.com

Other voices in this conversation