Obama talks crunch and regulation with Bernanke

Ben Bernanke, the chairman of the Federal Reserve, has discussed the credit crisis and proposals for more stringent financial regulation with Barack Obama, the Democratic candidate for the US president.

Michael Ortiz, a spokesman for Obama, told Reuters, a news agency, that the meeting had been informative and that the senator "made clear his respect for the independence of the Federal Reserve System and the special importance of its role during periods of economic uncertainty."

The talks come