All Commentary
Thursday, March 18, 2010

Fed Wants to Keep Power to Oversee Banks


“Federal Reserve Chairman Ben S. Bernanke urged Congress on Wednesday to let the Fed keep all of its banking oversight, arguing that information gleaned from that process helps the central bank guide the economy.” (Washington Times, Thursday)

Sounds like an argument against Fed power.

FEE Timely Classic
“Financial Crises and the Federal Reserve’s Punch Bowl” by Chidem Kurdas