Media figures advance false claim that Obama ceded economic sovereignty at G-20 summit
April 07, 2009 8:03 pm ET
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SUMMARY: Media figures have advanced the false claim that in signing the G-20 communiqué establishing a new Financial Stability Board, President Obama ceded U.S. sovereignty to international economic regulators. In fact, the FSB referenced in the communiqué does not have any authority over U.S. policy.
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