Use ‘Em or Lose ‘Em, from East Sider
14:00 BERNANKE SAYS FED STAFF PROBING 5 DISCRIMINATION CASES FOR '07
A unique aspect of Bernanke's recent Hill appearance was how the legislators continually badgered him to step up use of all the regulatory mallets in the Fed's closet. They pretty much said "use 'em or lose 'em," and being responsible for maintaining the Fed's power vs. other DC players, Bernanke has little choice.