Bernanke: Reforms could weaken Fed

From: The Washington Times | November 29, 2009 

NEW YORK -- The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy. Fed Chairman Ben S. Bernanke made the comments in an Op-Ed article in Sunday's edition of The Washington Post, five days before the Senate banking committee holds a hearing on his nomination for a second term. His current four-year term expires Jan. 31. Mr. Bernanke wrote that the nation is challenged to design a financial oversight system that will "embody the lessons of the past two years and ...

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Bernanke: Reforms could weaken Fed

From: The Washington Times | November 29, 2009 

NEW YORK -- The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy. Fed Chairman Ben S. Bernanke made the comments in an Op-Ed article in Sunday's edition of The Washington Post, five days before the Senate banking committee holds a hearing on his nomination for a second term. His current four-year term expires Jan. 31. Mr. Bernanke wrote that the nation is challenged to design a financial oversight system that will "embody the lessons of the past two years and ...

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Read More >>



Filed Under The Wire



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