WASHINGTON -- House Banking Committee Chairman Henry B. Gonzalez reprimanded the Federal Reserve on Thursday for paying employees' membership fees in private organizations.

According to documents obtained by Congress, the Fed spent $346,257 in 1990 on private memberships. While many of the expenditures were for professional groups like the American Bar Association and the American Economics Association, others went to social and civic groups like the Rotary Club, Toastmasters, and Boy Scouts.

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