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Bernanke: Bank rules fair price for damage done

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WASHINGTON (AP) — Tougher regulations may mean less profit for banks. But Ben Bernanke says that's a fair price to pay after the damage caused by the 2008 financial crisis. The Federal Reserve chairman told lawmakers Thursday that the crisis led to "an enormous waste of resources" and new rules proposed by the Fed and other regulators to safeguard the financial system are "well-justified on a...

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