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Bernanke Endorses Expanded Authority
Article | Federal Reserve Chairman Ben S. Bernanke yesterday endorsed major changes to the ways the financial system is regulated, advocating new tools to make sure big financial firms that fail do not damage the overall economy.
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An Economy Thrown Into Turmoil
Article | Fresh worries spread through world markets yesterday as a crisis of confidence battered more U.S. financial institutions and the chairman of the Federal Reserve issued a sober assessment of the country's economic woes. It appeared to mark a new phase in the U.S. financial crisis, with fears of a...
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Bush Attempts to Allay Fears About the Economy
Article | President Bush sought yesterday to reassure shaky markets and frightened consumers about worsening financial conditions, and he blamed congressional Democrats for not acting quickly enough to tackle the nation's economic troubles.
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