On the recordDecember 2, 2009
Tough day for Federal Reserve Chairman Ben Bernanke at his Senate confirmation hearing for a second term.
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transcripts.cnn.comTough day for Federal Reserve Chairman Ben Bernanke at his Senate confirmation hearing for a second term.
Discussing the challenges faced by Ben Bernanke during his Senate confirmation hearing.
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The crisis was an enormous waste of resources, and unsafe practices by large financial institutions pose a risk not just to themselves but to the rest of society.
We have just finalized new capital requirements that banks have to hold against these assets for sale, these securities, which should provide protection.
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.