02/26/2014
https://www.congress.gov...
"I do not think an impact of low interest rates has been to stimulate an investment boom or a boom in capacity."
"the Federal Reserve's job is to try to achieve maximum employment and broad gains in the labor market that are as widely distributed as possible."
"I think our authority is extremely limited, and it would not be appropriate for us to give loans to Puerto Rico."
"I don't want to overblow the likely impacts."