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Volume II of this book grew out of the author’s work as an economist for the U.S. Congress on the staff of the House Banking Committee under Chairman Wright Patman and his successor, Chairman Henry Reuss; as an analyst for the Congressional Budget Office; and as finance economist for the House Energy and Commerce Subcommittee on Telecommunications, Consumer Protection and Finance. It is a re-examination of the validity of traditional concerns in order to establish the Context for congressional actions to modify the existing regulatory and structural framework.
Originally prepared as a staff study in 1971, when D'Arista was a Staff Member of the House Committee on Banking and Currency, Volume 1, Federal Reserve Monetary Policy, 1915-1935 (230-3, $60), is an analysis of Federal Reserve structure, policy, and functioning in the 1931-1935 period, examining th