The Federal Reserve: Oversight and Transparency


Gerrie R. Conley (Editor)
Adolf A. Sanford (Editor)

Series: Economic Issues, Problems and Perspectives, Monetary, Fiscal and Trade Policies
BISAC: POL024000

Critics of the Federal Reserve (Fed) have long argued for more oversight, transparency, and disclosure. Criticism intensified following the extensive assistance provided by the Fed during the financial crisis. More specifically, critics have focused on the Government Accountability Office (GAO) audits of the Fed and the disclosure of details on the identities of borrowers and the terms of those loans. This book examines oversight and disclosure issues relating to the Federal Reserve with a focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act; QE 3; and Federal Reserve transparency. (Imprint: Nova)

Table of Contents

Table of Contents


Federal Reserve: Oversight and Disclosure Issues
(Marc Labonte, CRS)

Federal Reserve Bank Governance: Opportunities Exist to Broaden Director Recruitment Efforts and Increase Transparency

Testimony of Robert D. Auerbach, Professor of Public Affairs, Lyndon Baines Johnson School of Public Affairs, University of Texas at Austin. Hearing on “Audit the Fed: Dodd-Frank, QE3, and Federal Reserve Transparency”

Testimony of Mark A. Calabria, Director, Financial Regulation Studies, Cato Institute. Hearing on “Audit the Fed: Dodd-Frank, QE3, and Federal Reserve Transparency”


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