Fed Chief Denies Plans to Nationalize Banks

761 views · Published 26 February 2009 · 1:53 · Indexed 20 September 2026

Channel: Voice of America · 2009 · News & Politics

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Federal Reserve Chairman Ben Bernanke returned to Capitol Hill Wednesday for a second day of hearings on the U.S. economy.  The Fed Chief told lawmakers once again that economic recovery will depend on how quickly stability returns to the financial sector.  He also reassured investors that the government has no intention of nationalizing U.S. banks.

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