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Archive Home > 2009 > July > 23 > Bernanke resists plan for new agency

Bernanke resists plan for new agency


July 23, 2009

WASHINGTON — Ben Bernanke put himself at odds with the Obama administration Wednesday by resisting its plan to create a consumer protection agency for risky financial products. The Federal Reserve chief said those responsibilities should stay with the central bank.

Bernanke’s....

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