Financial Overhaul: Why Give the Fed More Power? This week President Obama unveiled his plan to overhaul regulation of the nation's beleaguered financial markets. One of the architects of that plan explains why the Fed should get bigger responsibilities after making some big mistakes.
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Financial Overhaul: Why Give the Fed More Power?

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Financial Overhaul: Why Give the Fed More Power?

Financial Overhaul: Why Give the Fed More Power?

Financial Overhaul: Why Give the Fed More Power?

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  • <iframe src="https://www.npr.org/player/embed/105718039/105718019" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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This week President Obama unveiled his plan to overhaul regulation of the nation's beleaguered financial markets. One of the architects of that plan is Jared Bernstein, the chief economist and economic policy adviser to Vice President Joe Biden.

Guest host Alison Stewart speaks with Bernstein about Obama's plan for financial regulation reform.