07/14/2010
https://www.congress.gov...
"I approach this task with a clear understanding that the Congress has entrusted the Federal Reserve with great responsibilities."
"the objective of our policy is to broadly benefit all Americans, especially those who were seeing harm come to them"
"I strongly believe that monetary policy is most effective when the public understands what the Fed is trying to do."
"I would argue that we cannot have normal rates unless the economy is normal."