Since the enactment of the Dodd-Frank Act, the Federal Reserve, both independently and in conjunction with other agencies, has made considerable progress toward adopting regulations designed to promote financial market stability, strengthen financial institutions, and reduce systemic risk to the financial system and the economy.
Bernanke highlighted progress made under Dodd-Frank to stabilize financial markets.
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It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during difficult periods.
the worst financial crisis in global history, including the Great Depression.
The economy needed help from Congress, if not from additional spending on roads and bridges, for example, then at least in areas such as retraining unemployed workers.
The economy needed help from Congress--if not from additional spending (on roads and bridges for example), then at least in areas such as retraining unemployed workers.
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