Bernanke Wants to Keep Fed as watchdog of small US banks
We have the latest on opening statements in the bingo corruption retrial in Montgomery... today on News 4 at Five.
Save Email Print
Bookmark and Share
Posted: 8:59 AM Mar 20, 2010
Bernanke Wants to Keep Fed as watchdog of small US banks
Federal Reserve Chairman Ben Bernanke is making a fresh pitch for the Fed to retain its oversight of small banks.
Reporter: Associated Press
width:200 and height: 150 and picwidth: 200 and pciheight: 150
Federal Reserve Chairman Ben Bernanke (AP / file)
Font Size:

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke is making a fresh pitch for the Fed to retain its oversight of small banks.

Bernanke says that what the Fed learns from overseeing those
banks helps it assess the overall health of the entire U.S.
financial system.

The Fed chief is weighing in against a Senate proposal that
would scale back the Fed's banking duties.

Bernanke's remarks came in a speech Saturday at the Independent Community Bankers of America's meeting in Orlando, Fla.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


Buddy Check 4
In Remembrance...Deputy Don Williams
Send us your photos and videos!
Video Reports
WTVY.com Features
Get the ingredients you need to cook with Rach all week long.
Today's Hits, Classics & Soaps. Don't miss an episode.
Full length exclusive concerts from hot artists.
Fitness Tips
Lose Weight, Get Fit with Michele
Take a break!
Classic Pacman, Frogger, Asteroids and more.
FREE Listings
Sell almost anything locally.