Frank: We Need Financial Regulation That Benefits "Normal Humans"

Rep. Barney Frank says, “We need to regulate for normal human beings and that’s what we hope to do. We think it’s important for there to be both regulatory structures that provide focused responsibility for the right kind of regulation and the appointment of individuals to do it.” (0:30)
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Chilean President: "Regulatory Prudence Has Payed Off"

Chilean President Michelle Bachelet describes how most of the Latin American states managed to absorb the shock from the global financial crisis. Bachelet mentions learning from the economic crisis that Chile went through in the 1980's, the central banks offsetting the lack of liquidity in dollars, regulation prudence and early lending. (0:57)
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Lieberman Believes Financial Reform Will Be Introduced By Year's End

Sen. Joseph Lieberman (I-Conn.) says there will be financial regulatory reform by the end of the year, but that it may be different than current proposals (0:13).
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Youth digging themselves in a hole

by Christina Lovato, University of New Mexico-Talk Radio News Service

This afternoon at a discussion on a new health and financial site called Qvisory, Anna Greenburg, the Senior Vice President of Greenberg Quinlan Rosner Research, said that younger people are suffering worse from the economic situation than older people. Greenburg said that even though this recession is affecting everybody, the way it affects young people has the potential impact to affect what their financial lives look like 20, 30 and 40 years from now. (01:16)
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Scott: "We've got to put a pause button on these bailouts"

By Kayleigh Harvey - Talk Radio News Service

Congressman David Scott (D-GA) made this comment at the House Financial Services Subcommittee Hearing today on "American International Group's Impact on the Global Economy: Before, During and After Federal /intervention.

He added: "As we point fingers here in Congress we've got to recall that there are three fingers pointing back at us. We've got to make sure we are doing our job right."
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New Federal Reserve Initiatives

By Kayleigh Harvey - Talk Radio News Service

Federal Reserve Chairman Ben Bernanke tells the House Financial Service Committee about two new initiatives to help make the Federal Reserve more transparent.
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Protective services says that protection continues despite low funding

Gary Schenkel, Director of the Federal Protective Service (FPS), discusses how since taking over as director he has seen his department succeed in protecting Washington, D.C. despite a lack of sufficient government funding. (0:32)
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More regulation cannot stop market cycles, but can help, says Treasury Secretary

Treasury Secretary Paulson says that more regulation is not the answer and cannot prevent market "disruptions," but he suggests a more flexible approach will allow better protection of consumers and investors, and allow U.S. markets to continue to be competitive. (0:37)
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Financial regulatory changes not reaction to current troubles, says Secretary Paulson

Treasury Secretary Paulson says that the new Blueprint for Regulatory Reform are not reactions to current troubles and should not be implemented hastily, but instead reflect long-term concerns and should be thoughtfully implemented. (0:33)
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Chairman of the Board of Governors of the United States Federal Reserve Ben Bernanke Discusses the Stimulus Package at House Financial Services Committee Hearing

Chairman of the Board of Governers of the U.S. Federal Reserve Ben Bernanke, discusses the Stimulus Package at House Financial Services Committee hearing on monetary policy and the state of the economy. (0:30)
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