On the recordFebruary 23, 2009
The Congress needs, in my opinion, to set forward a much more elaborate version of FDICIA.
Source
congress.govThe Congress needs, in my opinion, to set forward a much more elaborate version of FDICIA.
Bernanke calls for Congress to enhance legal frameworks for managing large financial institutions.
Share & report
More from Ben Bernanke
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.
the CBO agrees that the Federal Reserve's balance sheet policies are with very high probability going to be a very significant boom to the taxpayer in terms of returns to the Treasury.
the Congress ought to think carefully about how it taxes and spends and try and achieve the best outcomes it can