Speech

Churchill, Baruch, Lindsay Lohan, Congress and the Fed

Abstract: Remarks at the Institute of International Bankers Annual Washington Conference, Washington, D.C., March 7, 2011 ; \"I argued against the $600 billion extension [buying U.S. Treasuries] the voters on the FOMC approved last November. And I remain doubtful enough as to its efficacy that if at any time between now and June, it should prove demonstrably counterproductive, I will vote to curtail or perhaps discontinue it.\"

Keywords: Financial crises - United States; Liquidity (Economics); Federal Reserve System; Financial institutions; Fiscal policy;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Speeches and Essays

Publication Date: 2011

Number: 87