*Letters

Role of the Federal Reserve System

Published on:
March 3, 2010

SIFMA, along with the American Bankers Association (ABA), the Consumer Bankers Association (CBA), the Financial Services Forum (FSF), the Financial Services Roundtable (FSR), and Independent Community Bankers of America (ICBA) provide comments in support of the role that the Federal Reserve System plays, and should continue to play, in financial supervision. The associations argue that the primary responsibility for the Federal Reserve is monetary policy. However, the monetary policy role should not be separated from financial supervision.

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