Statement to Congress: Oppose Proposals To End Independent Federal Reserve Funding

Americans for Financial Reform (AFR) sent a statement to the House Financial Services Committee regarding proposals to end independent funding for Federal Reserve bank regulation and supervision. “On behalf of Americans for Financial Reform (AFR), we are writing to stateour opposition to legislative proposals that would end independent funding for Federal Reserve supervision and regulation and shift such funding into the Congressional budgetary process..” Subcommittee Examines Ways to Reform the Federal Reserve Washington, January 10, 2018 – The Subcommittee on Monetary Policy and Trade met today to further examine proposals to reform the Federal Reserve. Proposals reviewed include: H.R. ____, to amend the Federal Reserve Act to establish requirements for salaries, financial disclosures, and office staff of the Board of Governors of the Federal Reserve System H.R. ____, to amend the Federal Reserve Act to establish a blackout period for public…

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