House Panel To Question Mission And Existence Of Fed

Law360, New York (May 7, 2012, 7:03 PM EDT) -- The Federal Reserve and its chairman, Ben Bernanke, are set to come in for a thrashing Tuesday when a U.S. House of Representatives panel holds a hearing on ways to change the central bank's mandate or abolish it altogether.

Rep. Ron Paul, the libertarian-leaning Texas Republican who has formed a national following and run for president in part on his call to get rid of the Fed, will chair a hearing of the House Financial Services Committee's subcommittee on domestic monetary policy and technology titled "The...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.