Bernanke Says Dodd-Frank Law Is ‘Major Step Forward’

Federal Reserve Chairman Ben S. Bernanke said the central bank is working “expeditiously” to enact the overhaul of U.S. financial regulation signed into law last year.

“The Dodd-Frank Act is a major step forward for financial regulation,” Bernanke said in the text of testimony prepared for a hearing before the Senate Banking Committee tomorrow and obtained by Bloomberg News. The Fed is working “to ensure that the law is implemented expeditiously and in a manner that best protects the stability of our financial system and economy.”

For full article, click [HERE]| Bloomberg


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