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The claim that community banks should have a Fed board seat is no stronger than the claim that trade unions should, or mid-sized banks or (JPMorgan CEO) Jamie Dimon, it's a bad practice and not consistent with central bank practices around the world.

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    Who said, "When a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully."?
    A Roy Rogers
    B Queen Elizabeth II
    C John Wayne in "The Searchers"
    D Samuel Johnson