Banking and Policy Issues Magazine

June 1993



Top of the Ninth

Summary of Gary H. Stern’s testimony before the Senate Committee on Banking, Housing and Urban Affairs.


  • Shadowing the Shadows
    The Shadow Open Market Committee has persistently, and faithfully, trailed its Federal Reserve namesake for 20 years
  • Reserve Banks in Evolving Payments System
    As Thomas Gainor and Leonard Fernelius retire, after serving the Federal Reserve Bank of Minneapolis for 75 years, they share comments on their careers and assess the Federal Reserve's place in the payments system and share their visions of its future role.

Book Review


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Early Childhood Research at the Federal Reserve Bank of Minneapolis