Regulators Make Nice as U.S. Banks Bristle Over Tough Examiners
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Federal Reserve Chairman Ben Bernanke sounded conciliatory as he stood before an audience of community bankers in Virginia.
“The Fed is committed to fair, consistent and informed examinations,” and it has a “robust appeals process” when banks disagree with examiners’ findings, Bernanke told an audience yesterday during a conference at the Federal Deposit Insurance Corp.’s Arlington headquarters.