Benzinga's Political Round Up

Ben Bernanke turned up his defense of an additional round of quantitative easing, and is now turning his attention to demonizing China for keeping a weakened currency. China is raising its reserve ratio by 50 basis points in an effort to cool inflation. The SEC is considering ramping up its supervision of hedge funds and private equity funds with more than $150 million under management. This includes Blackstone BX and Fortress Investment Group FIG.