Friday, July 30, 2010

Bernanke Defends Fed’s Ability to Supervise Banks (New York Times)

February 25, 2010 by admin · Leave a Comment 

The Federal Reserve chairman, Ben S. Bernanke , urged senators on Thursday not to strip the central bank of its authority to supervise the country’s largest banks, warning that to do so would pose a “grave risk,” The New York Times’s Sewell Chan reports from Washington.

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