My Way News - Bernanke to wage fresh battle for Fed powers:
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke plans to wage a fresh battle against Senate efforts to scale back the Fed's role in supervising the nation's banks.
In testimony prepared for a House hearing on Wednesday obtained by The Associated Press, Bernanke argued that the Fed factors in information it gets from its role as a regulator into its decisions on interest rates. And, Bernanke said its banking duties give the Fed insights into the health of the entire banking system."
Wednesday, March 17, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment