Fed Seeks to Calm Congress Demand for More Oversight
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Fed Seeks to Calm Congress Demand for More Oversight

Bloomberg reports that the Federal Reserve Chair Janet Yellen has tried to repair damaged relations with Congress during her first seven months in office. But the fix-up isn’t going very well. And with the efforts from the House Financial Services Committee signalling growing discomfort with policy makers’ unusual reach in financial markets and their expanding regulatory powers – the Fed is moving into new territory…

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