Topic is:

You have just been appointed the new Chairperson of the Federal Reserve Board of

Governors. You now have great power... wave your magic wand and it will be done!

Since the Federal Reserve has authority in the regulatory area and in monetary policy,

you need to take action to make the situation better for the United States. What will

you enact to improve the situation? Be sure to have several ideas on both the regulatory front and regarding monetary policy. Be specific; papers that ramble amongst various high level ideas do not earn strong grades. Describe what problem orinequity you will be solving; whose lives will be improved? Be sure to have a good introduction and conclusion.

Your paper must:

1.

Be 1,100-1,125

words (not including citation summary , name, title) and posted into Submissions

(Must be in Word format)

Describe present situation briefly, and the future (what you expect/want/hope to happen). The most important factor is that

you have a view and support it. Nobody has the absolute correct answer so no view is incorrect

(it is okay and encouraged to have a view different from the one you might think I have).

Do not add significant quotations and/or citations.