A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Petition
Posted: Jun 16, 2012
It is simply unacceptable that Wall Street CEOs and Big Bank executives sit on the boards of Federal Reserve regional banks and determine how those banks operate. This is a blatant conflict of interest.
Please join Senators Bernie Sanders and Barbara Boxer and demand an independent Fed that represents the needs of all Americans, and not just powerful Wall Street CEOs.
The Federal Reserve Independence Act would:
-Prohibit banking executives or employees of companies regulated by the Fed from serving on the Federal Reserve’s board of directors.
-Prohibit the banking industry from choosing any members of the Federal Reserve’s board of directors.
-Prohibit Fed employees or board members from owning stock or investing in companies that the Fed regulates, supervises or oversees with absolutely no exceptions.
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Thanks for posting. I already signed it. - nm
[ In Reply To ..].
I signed it. Thanks for posting it. - nm
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