Tags: US | Bernanke

Bernanke Says Fed Is Beefing up Bank Oversight

Wednesday, 16 Jun 2010 07:29 PM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

Ben Bernanke says the Federal Reserve is working to beef up oversight of financial companies to better protect the nation from another financial crisis in the future.

The Fed chairman's comments came Wednesday as Congress moves closer to sending President Barack Obama a final legislative package that revamps the nation's financial structure to prevent a replay of the recent crisis.

Bernanke welcomes key parts of that package in remarks prepared for delivery to a conference in New York. At the same time, Bernanke says the Fed is moving ahead on strengthening capital requirements for banks and collecting more information on linkages among financial companies.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Atlanta US Attorney Yates Tapped for Deputy AG

Sunday, 21 Dec 2014 17:46 PM

President Barack Obama is preparing to nominate the top federal prosecutor in Atlanta to the No. 2 position at the Justi . . .

Pataki: Obama to Blame for US Troubles Abroad

Sunday, 21 Dec 2014 16:54 PM

President Barack Obama's "lead-from-behind" strategy is to blame for most of America's problems abroad, former New York  . . .

Variety's Wallenstein: How Obama Took Sony's Crisis From Bad to Worse

Sunday, 21 Dec 2014 15:53 PM

If there are such things as textbooks in the field of crisis management, the Sony Pictures hack might end up in the chap . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved