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Federal Payment System: Hearing Before the Committee on Banking & Financial Services, U.S. House of Representatives
Federal Payment System: Hearing Before the Committee on Banking & Financial Services, U.S. House of Representatives
 
Our Price: $35.00
Year: 1997
Pages: 313
Binding Paperback

Product Code: 0788178393

Description
 
Michael N. Castle (ed). Concentrates primarily on small-value, large-volume payments, such as paper checks, paychecks, Social Security fund transfers, & other payments made via an automated clearing house. The controversy about the Federal Reserve & the payment system derives from the anomalous position they occupy in the area of clearing & transporting canceled paper checks. They are simultaneously contractor & service provider, competitor with the private sector, & regulator of the safety & soundness of the payment system. Witnesses: Charles Fazio, Thomas Hunt, Elliott McEntee, Thomas McFarland, Gerard Milano, & Alice M. Rivlin.

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