H.R. 28, the Federal Reserve Accountability Act of 1993 PDF Download
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Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 100
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 258
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Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 240
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Author: United States Congress
Publisher: Forgotten Books
ISBN: 9780260207166
Category : Reference
Languages : en
Pages : 254
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Book Description
Excerpt from H. R. 28, the Federal Reserve Accountability Act of 1993: Hearing Before the Committee on Banking, Finance and Urban Affairs, House of Representatives, One Hundred Third Congress, First Session, October 19, 1993 In summary, I feel that the public's interest in this matter is best served by maintaining a system wherein the process is confidential and the policy results are made public in appropriate ways, with personal and group accountability for such results. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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ISBN: 9781332264438
Category : Reference
Languages : en
Pages : 180
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Excerpt from H. R. 28; Federal Reserve Accountability Act of 1993: Hearing Before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, First Session, October 27, 1993 The committee met, pursuant to notice, at 10 a.m., in room 2128, Rayburn House Office Building, Hon. Henry B. Gonzalez [chairman of the committee] presiding. Present: Chairman Gonzalez, Representatives Neal, Waters, Klein, Hinchey, Leach, Roukema, McCandless, Nussle, Pryce, Knollenberg, Lazio, Grams, and Huffington. The Chairman. The committee will please come to order. The Banking Committee begins the 4th day of hearings on issues involved in H.R. 28, the Federal Reserve System Accountability Act of 1993. I welcome Charles Bowsher, the Comptroller General of the General Accounting Office, and look forward to his testimony. He will tell us about the legal limitations the GAO faces in examining Federal Reserve operations. In testimony during these hearings on October 13, Federal Reserve Chairman Alan Greenspan told us, and I quote, "GAO, in the 1978 act, could audit all aspects of the Federal Reserve System with the exclusion of those which refer to the question of the deliberations related to monetary policy," end of quote. Was he trying to mislead us? Let me tell you some areas of Federal Reserve operations that the GAO cannot investigate. Most people do not know that when the Federal Reserve changes the money supply, it does so from its New York Federal Reserve Bank in an auction separate from the U.S. Treasury auctions used to borrow money for government operations. Each morning, around 10 a.m., the Federal Reserve Bank of New York holds a 30-minute auction with approved bank and nonbank dealers in order to change the monetary base of the United States. By buying or selling securities, usually very short-term repurchase agreements, the Fed takes money out of circulation or puts money back into circulation. There is little information on this auction. We know there is no market clearing price as was recently introduced for Treasury auctions. Thus, accepted bids or offers are transacted at different prices. Is this the most efficient way to run this market? Why are the birds and offer not published? About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author:
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ISBN:
Category :
Languages : en
Pages :
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Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
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Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.