The Federal Reserve Accountability Act of 1993: Hearing Before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, First Session, October 7, 1993, Volume 4 |
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Common terms and phrases
12 Federal Reserve 1992 Minority Women accountability agency appointed Appointments Clause authority bankers Banking Act Banking Committee bill billion Board of Governors budget central bank CONGRESS THE LIBRARY Constitution Court defendants discussion District dollar earnings economic economists elected Fed's Federal Open Market Federal Reserve Act Federal Reserve Banks Federal Reserve Board Federal Reserve Chairman Federal Reserve notes Federal Reserve Reform Federal Reserve System fiscal policy FOMC function going Greenspan GREIDER hearings inflation institutions interest rates issue LEACH legislation LIBRARY OF CONGRESS loans meeting ment Mfume Minority Men Total monetary policy monetary policy decisions money supply NEAL Number of Employees Open Market Committee open market operations payment Percent Paid Employees political record regional bank representatives Reserve Bank presidents Reserve's responsibility Reuss Section 16 Senator SARBANES Stat statement surplus term Thank tion Total Women Minority Treasury United vote
Popular passages
Page 179 - That all persons who can be said to hold an office under the government about to be established under the Constitution were intended to be included within one or the other of these modes of appointment there can be but little doubt.
Page 233 - ... is in the public interest because furnishing the information can be considered as primarily benefiting the general public.
Page 194 - Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts, dividend requirements as hereinbefore provided, and the par value of the stock, shall be paid to and become the property of the United States and shall be similarly applied.
Page 194 - Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
Page 206 - The power, as incident to the power of borrowing money and issuing bills or notes of the government for money borrowed, of impressing upon those bills or notes the quality of being a legal tender for the payment of private debts, was a power universally understood to belong to sovereignty, in P'urope and America, at the time of the framing and adoption of the Constitution of the United States.
Page 177 - all persons who can be said to hold an office under the government" in United States v. Germaine, supra, is a term intended to have substantive meaning. We think its fair import is that any appointee exercising significant authority pursuant to the laws of the United States is an Officer of the United States, and must, therefore, be appointed in the manner prescribed by § 2, cl.
Page 236 - Governors the members of the Board designated by the Chairman as alternates, and in the absence of the Vice Chairman of the Committee his alternate...
Page 183 - ... substantive rules adopted as authorized by law and statements of general policy or interpretations formulated and adopted by the agency for the guidance of the public, but not rules addressed to and served upon named persons in accordance with law.
Page 205 - States provides that the Congress shall have power — To coin money, regulate the value thereof, and of foreign coin, and fix the standard' of weights and measures: To provide for the punishment of counterfeiting the securities and current coin of the United States.
Page 206 - State shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts.