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Thomas Frank Quote: 'The Obama administration's plan is to ...'

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My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.
Henry Paulson
The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort.
Robert Zoellick
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Market forces will one day crush the Federal Reserve. One day, the market forces will reverse.


Marc Faber
Tags: Will Day Market
There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
Robert C. Solomon
The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example.
Ben Bernanke
Tags: Only Terms Buy
Prices are going up. Unemployment continues to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.
Ron Paul
Tags: Up Had Our
The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.
Robert Fogel
Tags: Business You Who
In 2008, Goldman Sachs only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.
Bernie Sanders
Tags: Only Even Almost
I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea what they're doing. And so the confidence level of investors is diminishing, in my view.
Marc Faber
Tags: Up Doing Believe
If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?'
Alan Greenspan
Tags: You Me Like
Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world.
Peter Welch
Tags: Like Had World
It's absolutely critical that we audit the Fed so the American people can see what's going on over there. Do it from top to bottom so that we can have transparency in this entity called the Federal Reserve. Hopefully, the American people will see that we need to go back to the gold standard, which I've introduced, and get rid of the Fed.
Paul Broun
Tags: People Get Will
I refuse to go along with the status quo of more wasteful federal spending, and I refuse to let the Obama Administration continue to force their misguided ideology through regulatory overreach.
Paul Gosar
Tags: More Go Through
The Obama administration came into Utah and said, 'We're not going to listen to what the U.S. Supreme Court said. 'We, the federal government, are going to recognize marriages in the state of Utah and Utah state law explicitly does not recognize as marriage,' and that was really, in my view, an abuse of power.
Ted Cruz
President Obama's 100-day plan is pretty impressive. I think it's a Wow 100-plus days. The administration is not operating from fear, it is trying to drive change for the future, and that's a good thing.
Andrea Jung
Lead levels exceeding federal thresholds pose a serious public health threat, particularly for more vulnerable populations.
Elizabeth Esty
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You want banks to take some risk, but intelligent risk.


Charles Schwab
Tags: You Want Some
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Financial regulatory reform is one of the top legislative priorities of the Obama Administration.


Valerie Jarrett
The Obama administration has provided almost no public information about the NSA's compliance record.
Barton Gellman
The examples of the Obama Administration 'stimulating' jobs everywhere on the planet except here in America are endless.
Bob Beauprez
Tags: America Here Jobs