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Home>Modifying Fed Stock Rules Could Diminish Reserve Banks' Autonomy -- Update

Modifying Fed Stock Rules Could Diminish Reserve Banks' Autonomy -- Update

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Sat, 25 Feb 2017

By Kate Davidson A 2015 law that tapped the Federal Reserve to help pay for new highway spending had "little effect" on Fed operations and "no immediate effect" on membership in the Fed system, a government watchdog said Friday. The law reduced the Fed's capital surplus account and lowered the

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