Bernanke calls for significant action on fiscal stability.
07/13/2011
https://www.congress.gov...
I think it was a very important achievement.
We want to have market discipline. We want to lenders to, large firms to believe that they can fail and therefore to take due care to make s...
A sharp near-term reduction in our fiscal deficit is probably neither practical, nor advisable.
Congress certainly has an oversight role.