Maiden Lane chief to head NY Fed banking supervision from 2011

The New York Federal Reserve on Friday named Sarah Dahlgren now head of the central bank's special investments management group, its new head of bank supervision.

"With the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Federal Reserve's mandate has been broadened to ensure financial stability. This includes tough curbs on excessive risk-taking, an expanded set of major financial institutions subject to our supervision, and enhanced oversight to guard against the

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