"For the vast majority of families, it's been a long time since they've seen a meaningful raise."
"During the crisis and recession, families in the middle and at the bottom were hit particularly hard."
"I certainly stand ready to respond to requests of this committee for me to testify."
"The role of lender of last resort is a critical responsibility that central banks fulfill around the world."
"I strongly endorse, and the FOMC strongly endorses following a systematic policy."
"I don't agree that a rules-based policy is a better way to go."
"We have been working to improve implementation of the CRA regulations with other banking regulators..."
"It is hard to say. Certainly, lending standards are much tighter than they were in the run-up to the financial crisis..."
"There are a number of obstacles that banks see to lending..."
"Monetary policy has been aimed at trying to achieve a strong recovery in the job market."
"We are not going to raise rates if we think it is going to tip the economy into a recession."
"I have long said, and my predecessors have as well, that we think it would be desirable to see Congress address GSE reform."