Fed Chief Says U.S. Bolstered Its Ability to Handle Failure of a Big Bank
For more: http://nyti.ms/e6YrCT
The chairman of the Federal Reserve said on Thursday that banking regulators would be better able to deal with the failure of a large bank today than they were two years ago, thanks in part to the Dodd-Frank Act, which overhauled financial regulation after the crisis of 2007-8.