Fed could win fight on monetary policy audit: reports
The Federal Reserve could be poised to win the battle to avoid opening its monetary policy deliberations to a government audit, reports indicated.
Reuters, a newswire, reported on Tuesday night that Democrats in Congress's lower house had signalled they were willing to accept a narrower version of the Fed audit that exempts monetary policy decisions, as approved by the Senate.
However, in an offer put forth on Tuesday, Barney Frank, the chairman of the House Financial Services Committee, called
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