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Archive Home > 2009 > October > 02 > Bernanke defends Fed as Congress seeks to weaken it

Bernanke defends Fed as Congress seeks to weaken it

Fed chief insists his agency can protect consumers

By Ronald D. Orol / The Bulletin
October 2, 2009

WASHINGTON " Facing skeptical lawmakers, Federal Reserve Board Chairman Ben Bernanke defended his proposals on Thursday for consumer protection of mortgages, a mechanism to dismantle failed mega-financial institutions and why his plan would not permanently create a category of....

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