House Hearing on Restructuring the Fed's Role in Monetary Policy
The House Financial Services Subcmte. holds a hearing to evaluate the Federal Reserve’s independent role in monetary policy. The Obama Administration has proposed expanding the Fed's responsibilities to include regulating systemic risk in the markets. Donald Kohn, Vice Chairman of the Fed Board of Governors, testifies on how the changes may affect its effectiveness.
Thursday, July 9, 2009
Friday, November 26, 2010 at 10:24am (ET)