Wednesday, May 12, 2010

Fed’s Comeback ‘Punch’ Wins Senate Fights on Rates, Oversight

http://www.businessweek.com/news/2010-05-13/fed-s-comeback-punch-wins-senate-fights-on-rates-oversight.html

The government passed legislation that can look into what the Fed did during 2008, but nothing during the future. I think this sums it up best: "I'm a bit confused by a world in which 96 senators think we need to know what the Fed did in 2008 and 2009 but only 37 think we'll need to know what the Fed did in 2012 and 2013."

No comments:

Post a Comment