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IPFS News Link • Federal Reserve

In Triage Mode, Economic Team's Goal To Expand Fed's Power Trumped Others

06-17-2009 • Washington Post

Geithner asked the lobbyists what they were up to. When they explained they preferred that a council of regulators, rather than the central bank, safeguard the financial markets, Geithner silenced them with a string of obscenities: "I don't believe in rule by committee," he said.

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Reported By Powell Gammill

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