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Bernanke Urges Feds To Avoid Burdensome Bank Rules

Ben Bernanke, chairman of the Federal Reserve, has called on the federal government to avoid imposing burdensome regulations on financial firms, reports Bloomberg.

Ben Bernanke, chairman of the Federal Reserve, has called on the federal government to avoid imposing burdensome regulations on financial firms. Speaking at a conference in Chicago, Bernanke said no one is served by “ineffective or burdensome rules that lead to excessive increase in cots or unnecessary restriction in the supply of credit.”

Click here to read the story from Bloomberg.

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