Huffpost Business

Federal Reserve's Past Errors Undermine Its Request For Expanded Authority: NYT

Posted: Updated:

If only we'd had more power, we could have kept the financial crisis from getting so bad.

That has been the position of Ben Bernanke, the Federal Reserve chairman, and other regulators. It explains why Mr. Bernanke and the Obama administration are pushing Congress to give the Fed more authority over financial firms.

Read the whole story at nytimes.com

Around the Web

The Federal Reserve and Housing: A Cluster of Errors? by Eric Englund

FRB: Bernanke, Housing, Housing Finance, and Monetary Policy

Are Home Prices the Next “Bubble”? - Federal Reserve Bank of New York

What's Next for the US Housing Market?

This Year's Housing Crisis