Ben Bernanke: “Congress sets the mandate for the Federal Reserve, and so Congress has the right to set the mandate of course any way it…”

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

We have just finalized new capital requirements that banks have to hold against these assets for sale, these securities, which should provide protection.

The economy needed help from Congress, if not from additional spending on roads and bridges, for example, then at least in areas such as retraining unemployed workers.

Opening schools is more important.