[Congressional Record Volume 143, Number 59 (Thursday, May 8, 1997)]
[House]
[Page H2354]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  NO SUNSHINE AT FEDERAL RESERVE BOARD

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, school boards, council meetings, all 
public meetings in America are subject to the sunshine law, except the 
Federal Reserve Board. The Fed says what America does not know is good 
for America. If that is not enough to starch your leotards, check this 
out:
  The Federal Reserve Bank of Kansas City allowed 28 officials from 
China, Japan, and Europe to attend one of their meetings where they 
discussed monetary policy. Unbelievable. The American people are shut 
out, even Congress is shut out, but the Chinese, the Japanese, and the 
Europeans are allowed in.
  Beam me up, Mr. Speaker. It is time for Congress to audit and 
investigate these bunch of internationalists setting our monetary 
policy that allow the Chinese and the Japanese in.
  American sunshine, no way. Rising sun, welcome. The last I heard, 
Uncle Sam controlled the Fed, not Uncle Sucker. Let us get our job 
done.

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