Economic Stimulus Plan
The federal government occasionally uses economic stimulus plans to prevent or soften periods of recession.
For many Americans, the financial crisis, and the recession it spawned, have been devastating -- jobs, homes, savings lost. Understandably, many people are calling for change. Yet change needs to be about creating a system that works better, not just differently. As a nation, our challenge is to design a system of financial oversight that will embody the lessons of the past two years and provide a robust framework for preventing future crises...
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From huffingtonpost.com
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NEW YORK (CNNMoney.com) -- Federal Reserve Chairman Ben Bernanke, just days ahead of his confirmation hearing, is warning Congress that actions limiting the central bank's independence could prove detrimental to the causes of financial reform and economic recovery.In an op-ed piece to be published in Sunday's Washington Post, Bernanke criticizes two moves aimed at limiting the Fed -- a proposal in the Senate to strip the central bank of its...
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From talkback.lancasteronline.com
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Here is a live video of Bernanke at the Economic Club of NYHere is the CNBC feed.Prepared Speech: On the Outlook for the Economy and Policy How the economy will evolve in 2010 and beyond is less certain. On the one hand, those who see further weakness or even a relapse into recession next year point out that some of the sources of the recent pickup--including a reduced pace of inventory liquidation and limited-time policies such as the "cash...
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From blogger.com
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With financial regulatory reform bills being debated in Congress, Federal Reserve Chairman Ben Bernanke gave an update on the steps the Fed is taking to improve the U.S. economic outlook. Senate Banking Cmte. Chair Chris Dodd (D-CT) is backing a proposal to strip the Fed of much of its supervisory power over financial institutions. Length: 51 min.Published: Today at 12:15pm (ET)
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From c-span.org
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