Bernanke opposes Obama's Fed reforms

Infinite QE or the Fed is legislative history.

At the heart of the Obama crackdown is the role of the US Federal Reserve. The legislation unveiled earlier this week suggests that the central bank would supervise only the biggest banks, those described as "too big to fail."

Jim,

This is a big battle that will ulimately pressure the dollar beyond public acceptance.

Eric

Source: abc.net.au