Bernanke Takes On Warren and Vitter, Avoids Key Issue – ValueWalk Premium
Ben Bernanke The Courage To Act

Bernanke Takes On Warren and Vitter, Avoids Key Issue

Flexibility is one key to dealing with a financial crisis, as no one, including regulators or even the big banks, can predict the exact scope and impact points of the next systemic failure, although separate probability analysis indicates derivatives are likely to be involved. A proposed Senate bill would eliminate a key U.S. Federal Reserve’s option in dealing with the next financial crisis, former Fed Chief Ben Bernanke wrote in his recent Brookings Institute

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