On the recordFebruary 16, 2011
our task is to do the best we can to try to identify those firms which most likely pose a risk.
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congress.govour task is to do the best we can to try to identify those firms which most likely pose a risk.
Bernanke emphasizes the importance of identifying risky firms post-crisis.
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It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during difficult periods.
I think it is consistent with our mandate and with our current policy to maintain price stability, and that is what we have been achieving.
Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.