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Friday, September 25, 2020

Bid to clip Fed’s wings gains support in Congress

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.
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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.

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