Ben Bernanke actually said...

I thank you for the opportunity to appear before you today.

I think there is an appropriate division of labor: Congress and the administration, fiscal policy; Federal Reserve, monetary policy.

My concern is that, as you mentioned, Senator, the Fed's credibility depends on the market's perception that we are independent in making mo...

Those are the programs which are growing. At the rate we are going, in about 15 years the entire Federal budget will be entitlements and int...