2008 Financial Crisis and Systemic Risk, Ben Bernanke Testimony
Federal Reserve Chairman Ben Bernanke testified before the Financial Crisis Inquiry Commission about the actions of the Federal Reserve duri… read more
Federal Reserve Chairman Ben Bernanke testified before the Financial Crisis Inquiry Commission about the actions of the Federal Reserve during the 2008 financial crisis and the future of financial market regulation. Commissioners asked if the new systemic risk council would have the political will to break up risky firms, raised concerns about “living wills,” and wondered whether regulators would eventually be forced to provide assistance to large troubled companies. close
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