*SCALPSWINGSTRADDLE*

[C C]

the US Federal Reserve Bank (Fed) is a private entity, even though the US
Government may exert some influence over it.2 --i.e., the public
institutions of Government cannot require the Fed to render this
information, especially when you consider that the Chairman of the Federal
Reserve Board, need only inform Congress on a quarterly basis
what his monetary policy shall look like. We would emphasize that he need
only inform what his policies will be, not seek instructions or consensus or
agreement from Congress or the Executive branch.



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