Checks and Balances at the Fed

Miller, Helen Hill
January 1961
New Republic;1/23/61, Vol. 144 Issue 4, p10
Focuses on the U.S. Federal Reserve's policy emphasizing the protection of the national currency and credit. Framework for monetary policy; Reason for inefficiency in the banking system; Agreement announced by the Federal Reserve Board and the Treasury on a policy of non-togetherness; Production of the original Federal Reserve Act as part of Woodrow Wilson's program for the New Freedom.


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