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 point here is to stimulate the economy, create some forward momentum in growth and employment.
To promote economic growth in the longer term, and to preserve economic and financial stability, fiscal policy makers will have to put the Federal budget on a sustainable long-run path.
the CBO agrees that the Federal Reserve's balance sheet policies are with very high probability going to be a very significant boom to the taxpayer in terms of returns to the Treasury.
Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.