Fed Looks for Ways to Aid Small Business Lending

Bernanke: Bolstering small business lending crucial to economic recovery

WASHINGTON (AP) -- July 12, 2010 -- Federal Reserve Chairman Ben Bernanke stepped up pressure on Monday to get banks to boost lending to the nation's small businesses, a critical element to spurring the economic recovery and reducing unemployment.

Bernanke and other regulators have urged banks since February to increase their lending to smaller companies.  Read More...