All Entries Tagged With: "Supercop Role"

Bernanke Says Fed Can Take on Supercop Role

Federal Reserve Chairman Ben Bernanke ran into skepticism Tuesday from U.S. lawmakers wary of expanding the Fed’s duties to police big financial companies. They argued that the Fed failed to spot problems that led to the financial crisis in the first place. “The Fed has made some big mistakes,” said the House panel’s highest-ranking Republican, [...]