Frank Calls Fed Regional Presidents `Serious Constraint'

Frank Calls Fed Regional Presidents `Serious Constraint'

Sep. 13, 2011
Sept. 13 (Bloomberg) -- U.S. Representative Barney Frank, a Massachusetts Democrat and member of the House Financial Services Committee, talks about his renewed push to remove Federal Reserve regional presidents from voting on central bank interest-rate decisions. Frank will submit a new version of legislation to cut the voting rights of five rotating regional representatives from the 12-member Federal Open Markets Committee. He speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Source: Bloomberg)
Bloomberg
Correction: Clarification: