Cutting Down on Counterfeiting
The new U.S. currency designs introduced a decade ago are apparently achieving one of their intended goals: to cut down on counterfeiting. The Federal Reserve Board and the Secret Service reported yesterday that while more than half of circulated U.S. banknotes are held in other countries, only about one note in 10,000 is counterfeit.
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Government Executive Staff Correspondent Alyssa Rosenberg takes a look at news affecting the management and operations of the massive federal bureaucracy.
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