Federal Reserve Chairman Ben Bernanke focused on the need for increased regulation and better risk management when he spoke at the Conference on Bank Structure and Competition in Chicago recently. A Medill Reports piece says Bernanke laid much of the blame for the subprime lending crisis with loan originators and their "loose standards." If Treasury Secretary Henry Paulson's plan for regulatory overhaul in the financial industry is implemented, Bernanke and the rest of the Fed will take on more responsibility for policing banks' risk-management processes. Though legislators and others agree that additional regulation might be necessary, some, such as former Fed Chairman Paul Volcker, wonder how far the Fed's new power should actually go.