On the recordFebruary 23, 2009
Well, I do support the separation of banking and commerce.
Source
congress.govWell, I do support the separation of banking and commerce.
Bernanke affirms his support for separating banking from commerce.
Share & report
More from Ben Bernanke
Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.
Does this need to get done so that institutions know what the appropriate boundaries are?
It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during difficult periods.
Congress, I hope, has the foresight to see that interest rates will not be this low forever.