The Fed is also adjusting its methods for supervising banks and targeting the current system. Stringent actions "All financial regulators, including of course the Federal Reserve, must take a hard look at the experience of the past two years, correct identified shortcomings, and improve future performance" Bernanke said. Even though the policy makers have seen improvements toward securing a sustained economic recovery, Bernanke said, additional regulatory steps need to be taken to ensure a sound economic future. Full Article at 24x7updates