Fed chief: Gov't needs more power when firms fail
(AP)
<p><img src="http://d.yimg.com/us.yimg.com/p/afp/20080710/capt.cps.mym47.100708160726.photo00.photo.default-512x375.jpg?x=130&y=95&q=85&sig=.akRmXeKrK9hRb1Zbt9KrQ--" align="left" height="95" width="130" alt="Federal Reserve Chairman Ben Bernanke speaks at the The Federal Deposit Insurance Corporation on July 8, 2008 in Arlington, Virginia. Bernanke urged Congress Thursday to require stricter regulation of Wall Street firms in the wake of the near-collapse of Bear Stearns earlier this year.(AFP/Getty Images/File/Mark Wilson)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/us/*http://news.yahoo.com/s/ap/20080710/ap_on_bi_ge/financial_overhaul)AP - Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson told Congress Thursday that new regulatory powers are needed to insulate the national economy from damage if a big Wall Street firm collapses.</p><br clear="all"/>
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