View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

A .:•'.:I'IMT TO SECTION 204 of H.E. 7617
. f« 149, lineE 19
"the aesibers

)f c u
I•

;
•••

m

l

!

Page 1 5 0 , (MNHMMMU
through 1 1
1 151 •

L7J

bttitot<

fi
'I
• • ...

Lag!

n

(b) The Coaalttt
recoiK
.

I I con
•
ith r e f of UM federal R t M l f System.
Ccwcalttee shall .
.
;
execiitioa Of (^pwi T
policies adopter! froa tini*1: to t UM b:, the Jo;:
fors such (rth«r d-itiee rttlatla
1
1
« j prescribe. The Board shall Mftvolt the Costsiittee befors- lilrtig
any changes on i :
. . "
- •r •r x
I
ia the ratss of interest or discount to b.
the
deral Reserve
, or in the reserve bslanc.
to be Bftiatfti
. mber bftnks*
^(c) After (Wmmtltiaf *;Itr
I
•
I
recom;
of the Coaiaitte^, th« Boardf fro
t o time,
shall prcscrl^
•
t policy oi thfl Federal
1 Federal ReewnR
.
or
s e l l obXi£atlo
. • .
ba-ikers1 acceptcincesj
b i l l s oi* to
other oblirations of t
I I
maturities sade eligible toi pm
^viaio^
of section 14. of thisi Act to Bueto sztent and in guch manner
as aay be required by .
d in order to effectuate the
Opil Ml
policies ud
b2" the Board from time t o til
ander the proTiaioie 0/
i«0ilo
1 Ml F©de:"al RKH
bank ritaU cooperate.
. :
I
;.. " 1 ich
All t r a n s a c t i o n s of f e d e r a l Reserve 1MB
tatkorl
.tion 14 o£ thia Act shall be subject to P
regulation;:,
• -strici.'••
ivd say
prescribe^. 11