Scope and Contents Testimonies, reports, published articles, and correspondence to and from Eccles concerning the work of the subcommittee on Monetary, Credit, and Fiscal Policies of the Joint Committee on the Economy report. The committee, under the chairmanship of Senator Paul Douglas, Democrat from Illinois, studied the controversy between the Treasury and Federal Reserve Board to try to determine their respective roles in formulating monetary policy. The committee report recommended that Congress restore the...