On the recordDecember 2, 2009
It is imperative, the most important thing that Congress can do is find a way to solve the 'too big to fail' problem.
Source
congress.govIt is imperative, the most important thing that Congress can do is find a way to solve the 'too big to fail' problem.
Bernanke emphasizes the need for Congress to address the 'too big to fail' issue.
Share & report
More from Ben Bernanke
It would be very concerning for financial markets and, I think, for the general public if the United States didn't pay its bills.
Congress sets the mandate for the Federal Reserve, and so Congress has the right to set the mandate of course any way it likes.
My concern is about defaulting on the debt, and for me that is a very high priority so a debt prioritization bill would help on that count very much.
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.