On the recordFebruary 13, 2008
The nation's top two money men acknowledging there are serious problems in the U.S. economy, but they believe that our country will actually avoid a recession.
Source
transcripts.cnn.comThe nation's top two money men acknowledging there are serious problems in the U.S. economy, but they believe that our country will actually avoid a recession.
Ben Bernanke, along with Treasury Secretary Henry Paulson, acknowledges economic issues but expresses optimism about avoiding a recession.
Share & report
More from Ben Bernanke
We are working hard with our colleagues to put the Volcker rule into place, and that will restrict proprietary trading.
Lower paid workers, as well as women and minorities, are over-represented in the most affected sectors, and, thus, have borne a disproportionate share of the job and income losses.
the unemployment rate right now is not a very good measure by itself of the economy.
Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.