Book contents
- Frontmatter
- Contents
- Preface
- 1 The Federal Reserve and the Politics of Monetary Policy: Introduction and Overview
- 2 A Capsule History of the Federal Reserve System
- 3 Recruitment and Selection of Federal Reserve Personnel
- 4 Bankers and the Federal Reserve
- 5 Economists and the Federal Reserve
- 6 The President and the Federal Reserve
- 7 Congress and the Federal Reserve
- 8 Making Monetary Policy in a Political Environment: The Election of 1972
- 9 Monetary Politics: A Summary
- Appendix A A Note on Data Sources
- Appendix B Legislation Included in Table 7.1
- Appendix C Academic Backgrounds and Career Experiences of Notable Monetarists
- Notes
- Bibliographic Note
- Index
Appendix B - Legislation Included in Table 7.1
Published online by Cambridge University Press: 01 June 2011
- Frontmatter
- Contents
- Preface
- 1 The Federal Reserve and the Politics of Monetary Policy: Introduction and Overview
- 2 A Capsule History of the Federal Reserve System
- 3 Recruitment and Selection of Federal Reserve Personnel
- 4 Bankers and the Federal Reserve
- 5 Economists and the Federal Reserve
- 6 The President and the Federal Reserve
- 7 Congress and the Federal Reserve
- 8 Making Monetary Policy in a Political Environment: The Election of 1972
- 9 Monetary Politics: A Summary
- Appendix A A Note on Data Sources
- Appendix B Legislation Included in Table 7.1
- Appendix C Academic Backgrounds and Career Experiences of Notable Monetarists
- Notes
- Bibliographic Note
- Index
Summary
The following legislative actions are included in Table 7.1 but are not discussed in the accompanying text. The discussion in the text is limited to entries indicated in column 4, legislation passed by both houses of Congress. Actions included here are selected on the basis of several criteria: Legislation must involve monetary policy or the structure of the Federal Reserve. Routine oversight is excluded, but other oversight hearings are included, usually in column “o.” Some legislation dealing with bank regulation is cited here, but only if it also included portions dealing with the structure of the Federal Reserve (e.g., the FINE hearings). Bank regulatory matters (e.g., electronic funds transfers, bank holding companies, interstate banking) are excluded despite the fact that financial innovation may have implications for monetary management. For this reason, many hearings in 1978–80 preparing the way for the eventual DIDMCA legislation are not reflected in this table. Despite the political importance of DIDMCA, as discussed in Chapter 4, it is excluded here. That decision could be debated, but given the legislative purposes this table is intended to represent (see the following text) it is consistent with the criteria governing other inclusions and exclusions.
- Type
- Chapter
- Information
- Monetary PoliticsThe Federal Reserve and the Politics of Monetary Policy, pp. 203 - 207Publisher: Cambridge University PressPrint publication year: 1984