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Plosser didn’t elaborate on how the Fed would dispose of the $1.25 trillion of mortgage-backed securities it plans to purchase through March. The Fed is also buying up to $200 billion of housing-finance debt as part of efforts to lower interest rates and revive home-buying.
Congress and the SEC have not enacted any reforms. And the American people remain at risk of another financial debacle. Mr. President, we must never let this happen again. Mr. President, I rise today because I am deeply concerned that just over one year since the collapse of Lehman Brothers, a f...
Fri, Nov 6 | from Huffington Post