The Federal reserve chairman and secretary have told to congress that new regulatory powers are needed to insulate the U.S. economy from damage . This recommendation was part of broader debate before the House Financial Services Committee about the best ways to revamp the country's antiquated regulatory system, and brace it for modern-day crises like the housing and credit debacles.
The U.S market has jumped from yesterdays indicies dow by 81.58,nyse by 64.31,s&P by 8.70 and NAS by 22.96 points.
the crude Oil and gold prices surged in
to U.S. market by 141.65increased by 5.65 and and $ 948.80 or up by 19.80 in a day |