Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.

Is there any discussion or concern? All right. Without objection. Now, turning to the resolution on the EME swaps, in the interest of time I propose—and I hope it is okay—to go through the voters and ask each one to state whether you are in favor or opposed. You can say what you want and, if you want, whether you have some argument to make or if you’re conditionally in favor—for example, I’m in favor if X or if we do Y—but just to get a sense of where everybody is, and then we’ll decide what to do. Okay? So let’s go down the roll here. I’m in favor.

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