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Assemblywoman Alison Littell McHose and Assemblyman Parker Space, R-Sussex, Warren, Morris, commended the House of Representatives for passing H.R. 24, the “Federal Reserve Transparency Act of 2013.
“As prime sponsors of a resolution in the New Jersey Assembly urging enactment of the bill, ACR-173, Parker and I are pleased by the overwhelming bipartisan support H.R. 24 received,” McHose stated. “Only detailed knowledge of the Federal Reserve’s actions will facilitate an intelligent debate on the mission and functions of the Federal Reserve, the policy instruments it ought to be given, and the appropriate level of oversight to which the central bank ought to be subjected. “