Comment on Modifying Fed Stock Rules Could Diminish Reserve Banks' Autonomy

WSJ.com: US Business, Wall Street Journal: Business
Fri, 02/24/2017 - 10:39am

Modifying Fed Stock Rules Could Diminish Reserve Banks' Autonomy

The Government Accountability Office warned further changes to the Fed’s stock ownership requirement could have “wide-ranging policy implications” for the Fed’s structure, and could diminish the autonomy and independence of the 12 regional Fed banks.

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