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OLEGan [10]
3 years ago
13

All but one president of the regional Reserve Banks rotates a voting position on the Federal Open Market Committee (FOMC). Which

president has permanent voting privileges?
History
1 answer:
leonid [27]3 years ago
5 0

The regional reserve banks has a rotating policy when it comes to voting position, but the New York president of Federal Open Market Committee, or the FOMC, was able to have a permanent voting privileged. This is a good thing since the president has the power to veto the bills.

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