Bernanke: Wall Street Reform Bill Could Prevent Future Economic Disasters
Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, says that the Dodd-Frank Wall Street Reform bill could prevent future financial crises. (0:29)
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Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, says that the Dodd-Frank Wall Street Reform bill could prevent future financial crises. (0:29)
At the signing of the Wall Street Reform Bill, President Barack Obama says that a new consumer watchdog group will protect consumers from deceptive financial practices.
At the signing of the Wall Street Reform Bill, President Obama said that the bill will foster innovation and help small business, noting that only the deceptive businesses have anything to fear.
At the signing of the Wall Street Reform Bill, President Obama assured the audience that there would be no more bailouts.
At the signing of the Wall Street Reform Bill, President Obama said that the lax regulation of the financial industry allowed companies to take huge risks that caused the economic downturn.
President Obama says Tuesday that the financial regulatory reform law he signed will reign in the risky behavior that caused the financial crisis to happen.
President Obama says that passing the Dodd-Frank Wall Street Reform Bill was a struggle due to strong opposition from some Republicans and lobbyists.
President of South Carolina Small Business Chamber of Commerce Frank Knapp, Jr. says the greed from big banks destroyed the country’s economy but adds that Wall Street reform will help small businesses prosper and improve the United States’ economy. (0:30)