Ben Bernanke said...

The 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.

02/23/2009

More Ben Bernanke Quotes

The political challenge is to figure out how to do that.

Congress sets the mandate for the Federal Reserve, and so Congress has the right to set the mandate of course any way it...

Does this need to get done so that institutions know what the appropriate boundaries are?

Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.