Rep. Frank on Ousting Regional Presidents From FOMC

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Sept. 13 (Bloomberg) -- U.S. Representative Barney Frank, a Massachusetts Democrat and member of the House Financial Services Committee, talks about his renewed push to remove Federal Reserve regional presidents from voting on central bank interest-rate decisions. Frank will submit a new version of legislation to cut the voting rights of five rotating regional representatives from the 12-member Federal Open Markets Committee. He speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Source: Bloomberg)


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