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. Describe what problem or

inequity you will be solving; whose lives will be improved? Be sure to have a good

introduction and conclusion.