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Friday, 21 September 2007 |
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Greenspan Says Fed Is Not Beholden To Any Government Agency
'Well, first of all, the Federal Reserve is an independent
agency, and that means, basically, that there is no other agency
of government which can overrule actions that we take. So long
as that is in place and there is no evidence that the administration
or the Congress or anybody else is requesting that we do things
other than what we think is the appropriate thing, then what the
relationships are don't, frankly, matter.'
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