Giving the FED more regulatory power? Haha, Sure.... cause letting banks regulate themselves is gonna work. I promise I wont cheat on this test sir, just stand outside the door.
Actually found a little bit of supporting documentation that gives me little confidence to the inmates running the asylum. So allow me to retort. A quote from Helicopter Ben less than 2 years ago. Maybe he's been ObamabrainWashed... October 15th, 2007 â Bernanke: "It is not the responsibility of the Federal Reserve - nor would it be appropriate - to protect lenders and investors from the consequences of their financial decisions." I am glad the Fed stayed away from this mess. lol