Ben Bernanke said...

Congress sets the mandate for the Federal Reserve, and so Congress has the right to set the mandate of course any way it likes.

Bernanke emphasizes Congress's authority over the Federal Reserve's mandate.

05/21/2013

More Ben Bernanke Quotes

A default by the U.S. Government would be extremely disruptive.

Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking ...

monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems

forcing these activities out of insured depository institutions would weaken both financial stability and strong prudent...