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Federal Reserve faces challenge from legislators

China Daily | Updated: 2009-11-12 08:55

Federal Reserve faces challenge from legislators

Senator Christopher Dodd (above) is questioning the role of the Federal Reserve, chaired by Ben S. Bernanke. Bloomberg News

WASHINGTON: The US Federal Reserve faces the biggest blows to its authority and independence in five decades under legislation championed by its lead overseer in the US Senate.

Federal Reserve faces challenge from legislators

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