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Reuters: Policy-makers weigh stronger Fed role on Wall Street

Started by chris, June 20, 2008, 03:41:06 PM

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chris

Policy-makers weigh stronger Fed role on Wall Street
      


WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Thursday the Federal Reserve should be given explicit authority to step in to protect the financial system if its stability is threatened, even if it means offering emergency funding to investment banks.
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