Federal Reserve Maintains Oversight –

The Federal Reserve held onto political independence and banking oversight responsibilities in two separate amendment votes.  According to Bloomberg, one vote was 90-9 to void an amendment to strip some of the Federal Reserve’s oversight responsibilites. 

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aIusyCkbg8XA&pos=5

James Sutliff

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