On the recordDecember 2, 2009
I think that is the first best way to try to address bubbles.
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congress.govI think that is the first best way to try to address bubbles.
Bernanke emphasizes the importance of regulation to prevent financial bubbles.
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I think getting rid of too big to fail is an incredibly important objective and we are working in that direction.
Congress sets the mandate for the Federal Reserve, and so Congress has the right to set the mandate of course any way it likes.
Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a speedier return to economic health.