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[Invitation] The Federal Reserve's Expanded Role: Is Greater Transparency Needed?

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Message Press Release
Date: Jul 1, 2009 2:01 PM
[Economic Policy Institute]

Please join the EPI for the second in a series of forums on the financial crisis:

The Federal Reserve's Expanded Role:

Is Greater Transparency Needed?

Wednesday, July 15, 2009, 9:30 - 11:30 A.M.

Please join the Economic Policy Institute on Wednesday, July 15, for an examination of the Federal Reserve's role in addressing the financial crisis, its exploding balance sheet, and its penchant for secrecy -- which is now coming under increasing fire.

Our special guest will be Senator Bernie Sanders of Vermont, a longtime advocate for greater transparency in the central banking body. Sen. Sanders will open the event at 9:30 a.m. with a look at efforts in the Senate to open the Fed's books.

Senator Sanders will be followed by a panel discussion, from 10 to 11:30 a.m., featuring four prominent authorities on the Fed:

Keynote speaker:

Bernie Sanders, U.S. Senator from Vermont


Jon Faust, director of the Center for Financial Economics at Johns Hopkins University and a high-level Fed economist for nearly two decades

George Goehl, executive director of National People's Action, a grassroots organization that convinced the Fed Chairman to hold field hearings across the country this summer

William Greider, veteran journalist and author whose 1987 book on the Federal Reserve, "Secrets of the Temple", is still in print and more relevant than ever

Dean Baker, co-director of the Center for Economic and Policy Research, who has written extensively about the housing bubble and the Federal Reserve's failure to take action to prevent it

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