As severe as the effects of the financial crisis have been, however, the outcome could have been markedly worse without the strong actions taken by the Congress, the Treasury Department, the Federal Reserve, the Federal Deposit Insurance Corporation, and other authorities both here and abroad.
Bernanke acknowledges the collaborative efforts that mitigated the financial crisis impact.
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the Congress ought to think carefully about how it taxes and spends and try and achieve the best outcomes it can
As you know, health care is a very complicated subject and nobody has a single answer.
I would very much like to have the confidence that we could close down a large institution without causing damage to the rest of the economy.
Dodd-Frank has a pretty comprehensive strategy for addressing too-big-to-fail.
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