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Monday, January 26, 2009

Congress Mulls Expanded Fed Authority


“Congress is moving to create strong new oversight of the financial sector that would likely give the Federal Reserve authority to examine the workings of a wide range of companies in an attempt to address one of the key failures that led to the financial crisis.” (Washington Post, Monday)

More power to the Fed?

FEE Timely Classic
“Banking Before the Federal Reserve: The U.S. and Canada Compared” by Donald R. Wells


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.