The President of the World Bank, Robert B. Zoellick, held a meeting on Monday concerning the current economic crisis. He said that the public, and Congress think the letting the Feds be in control of finances is kind of sketch, and that the supervisory role should be given to the Treasury. He stated, ""It should not be a surprise that American democracy is hesitating about authorizing the Fed to supervise systemic banking risks as well as operate monetary policy, adding to its power." And went on explaining that the Federal Reserve has too much power, and that the people would be able to kind of see what's going on/keep the Treasury in check if they were in charge.
-Washington Post
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