The original Federal Reserve Act of 1913 allowed the secretary of the U.S. Treasury to be a
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The original Federal Reserve Act of 1913 allowed the secretary of the U.S. Treasury to be a member of the Federal Reserve Board, but a later amendment prohibited this. How would allowing the secretary of the U.S. Treasury to be a member affect the conduct of monetary policy?
Related Book For
Financial Markets and Institutions
ISBN: 978-0133423624
8th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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