On the recordMay 11, 2011
It brings fairness and transparency to consumers of financial services.
Source
congress.govIt brings fairness and transparency to consumers of financial services.
Emphasizing consumer protections under the Dodd-Frank Act.
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More from Ben Bernanke
The economy needed help from Congress--if not from additional spending (on roads and bridges for example), then at least in areas such as retraining unemployed workers.
It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during difficult periods.
I think it is consistent with our mandate and with our current policy to maintain price stability, and that is what we have been achieving.
undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation