Monday, November 29, 1999

Bernanke: Time needed to gauge reform bill impact

News posted by www.newsinfoline.com

U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday that regulatory reform legislation being discussed in Congress is "comprehensive" but that it would take time to gauge its impact."There is still a lot being debated and discussed, and a full assessment of the overall package has to wait until we see the final product. But I will say this has been a very serious, concentrated effort," he said after a speech organized the University of Chicago's Booth School of Business. (Reporting by Kristina Cooke and Mark Felsenthal; Editing by Leslie Adler)
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