[Congressional Record Volume 140, Number 63 (Thursday, May 19, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: May 19, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                       THE FEDERAL RESERVE BOARD

  Mr. DeCONCINI. Mr. President, I join the Senator from North Dakota.
  I think the Senator from North Dakota makes a very good point. This 
is destructive, in my opinion, of the Federal Reserve. It is not done 
in the open. The public has no explanation of why this is done. There 
are no indicators that we are on the verge of inflation, or of economic 
boom here that is going to get out of hand. I am anxious to read the 
letter from the chairman of the Federal Reserve. I have not written 
him. I have spoken about this on the floor. This irritates me, and it 
is very destructive.

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