Bernanke: Regulators need to help banks make more loans

05/7/2010 | USA Today

Federal Reserve Chairman Ben Bernanke said regulators need to do more to help banks make loans to small businesses and other creditworthy borrowers. "Our message is a simple one: Institutions should strive to meet the needs of creditworthy borrowers, and the supervisory agencies should do all they can to help, not hinder, those efforts," Bernanke said at a banking conference in Chicago. Bernanke's comments illustrate the delicate balance for regulators who want to see banks make more loans while they also get on firmer financial footing.

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