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Will the Federal Reserve Conquer the World?

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Will the Federal Reserve Conquer the World?

Economy

Will the Federal Reserve Conquer the World?

Will the Federal Reserve Conquer the World?

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  • <iframe src="https://www.npr.org/player/embed/89237209/89237192" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

There are some big changes in store for the U.S. financial system. Treasury Secretary Henry Paulson has announced his proposal to expand the Federal Reserve's powers and streamline regulatory agencies. Alex Chadwick talks to Adam Davidson about what Paulson has planned.

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