U.S. House Passes Bill to Limit Fed Power, Obama Plans to Veto

The U.S. House of Representatives passed legislation for reforms at the U.S. Federal Reserve. H.R. 3189, the Fed Oversight Reform and Modernization Act of 2015 passed along party lines, with two Democrats voting for the bill. The vote was 241 (yes) and 185 (no). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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