WASHINGTON — Federal Reserve Board Chairman Ben Bernanke on Wednesday rejected calls to break up the big banks, arguing that the best way to eliminate "too big to fail" is to remove enticements to become larger, riskier and more complex.

A "more market-responsive way to address this problem is to eliminate the incentives to be 'too big to fail,' " Bernanke said at a press conference after a two-day Federal Open Market Committee meeting.

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