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Bid to clip Fed’s wings gains support in Congress

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July 9, 2009

WASHINGTON (Reuters) – A proposal from a long-time congressional foe of the Federal Reserve that could give lawmakers sway over monetary policy has won the support of a majority in the House of Representatives, alarming officials at the U.S. central bank.

Posted by on July 9, 2009. Filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.