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Bernanke Heads to Congress Battling Calls to Tame the Fed
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Most Congressmen are skeptical of Obama's plan to give the Fed new powers to meet the kind of emergency created by the glovabal economic crisis. Their concern is that the Fed may let the property bubble develop wihtout taking any action, and that the Fed failed as abank regulator. Congressman Ron Paul is co-sponsoring abill that would require Congressional audits of the Fed, which has the support of two thirds of the House.
Ben Bernanke, Federal Reserve chairman's role in the Rescue Plan in the global financial crisis Sept-October 2008.
10/14/2008
Bernanke's role in the financial crisis of Sept 2008.
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Bernanke Fed's new role after extraordinary work in extraordinary circumstances during the financial crisis of late 2008 and early 2009.
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Bernanke Heads to Congress Battling Calls to Tame the Fed
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