On the recordJune 2, 2009
I have asked Vice Chairman Kohn to lead a review of our disclosure policies, with the goal of increasing the range of information that we make available to the public.
Source
congress.govI have asked Vice Chairman Kohn to lead a review of our disclosure policies, with the goal of increasing the range of information that we make available to the public.
Bernanke discusses efforts to improve transparency in Federal Reserve disclosures.
Share & report
More from Ben Bernanke
As I have mentioned, it is a cost of these policies and it is one that we take very seriously.
We all agree that the burden of regulation falls particularly heavily on small community banks which don't have the resources to manage those regulations very effectively.
Does this need to get done so that institutions know what the appropriate boundaries are?
The point here is to stimulate the economy, create some forward momentum in growth and employment.