This is a class blog for the students of POLSCI 426: Congressional Politics at the University of Wisconsin–Milwaukee.

congress vs. the federal reserve

This presents us with an inside look into public banking policy. Congress has the means to change the system, but the question is will the courts uphold any changes to the previous independence of the Fed. If congress changes the status quo what will that mean to you and I who have to trust the banking system? What that mean to insurance? Not that long ago Congress had an issue with their own bank that failed. If they cannot run their own bank how do they expect to run the banks of the nation?

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