CSPAN Capital News Today April 21, 2010
but don it was to use specific authority that was given by congress in 1994 to mr. greenspan. there were efforts to get it used. my column identified -- my colleagues identified this earlier. we tried to get mr. greenspan to use that authority first. there was nothing to specifically mandate what did not happen. we were frustrated. it became an ideological dispute. we were in the minority. in 2007 when congress changed hands again, we passed such a bill in the fall of 2007 to mandate what the fed had been permitted to do but it did not do. the bill did not pass the senate. there was ...
Source: archive.org