While some economists on the alleged fringe seek the Fed's abolishment, there's a general acceptance among the profession that the Fed plays a necessary economic role in setting the short rate for cash, or the Fed funds rate.

FORBES: Magazine Article

It would involve making Soviet structural reform -- political, economic, military, foreign policy -- a necessary precondition to future U.S. aid.

CENTERFORSECURITYPOLICY: Help With Soviet Conversion Is Risky