Tags: Kucinich | Fed | easing | hearings

Kucinich to Convene Hearing on Fed Easing

Wednesday, 24 Nov 2010 02:23 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Plenty of Republican members of Congress have expressed opposition to the Federal Reserve’s latest easing move — purchases of $600 billion of Treasury bonds. Now a Democrat is giving Fed opponents an opportunity to sound off. Democratic Rep. Dennis Kucinich, chairman of the Domestic Policy Subcommittee of the Oversight and Government Reform Committee, will convene a hearing Nov. 30 to discuss the economic justification and effects of the Fed’s latest round of monetary accommodation, The Hill reports.

Kucinich, Fed, easing, hearingKucinich may have more in common with Republicans when it comes to the Fed than members of his own party. The longtime Fed critic says he’s holding the hearing "in light of massive unemployment and the seeming inability of government to invest in infrastructure or to intervene to stop the loss of jobs," according to an announcement his office released.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Jeb Bush: I 'Quit Worrying About' Name Liability 'A Long Time Ago'

Friday, 24 Oct 2014 23:22 PM

Former Florida Gov. Jeb Bush was non-committal to South Carolina donors and business leaders questioning him about his p . . .

Cornyn, Democrat Alameel Meet in Only Debate

Friday, 24 Oct 2014 21:35 PM

Problems with the nation's immigration system have dominated a debate between U.S. Sen. John Cornyn and Democratic chall . . .

GOP Makes Inroads in Mass. Statewide Elections

Friday, 24 Oct 2014 19:51 PM

Republicans in solidly blue-state Massachusetts have been surging in major statewide campaigns in recent years - includi . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved