On the recordMay 11, 2011
I think using the debt limit as a bargaining chip is quite risky.
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congress.govI think using the debt limit as a bargaining chip is quite risky.
Bernanke warns against using the debt limit for negotiations.
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We have just finalized new capital requirements that banks have to hold against these assets for sale, these securities, which should provide protection.
Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and more action to make sure that we are on a sustainable path in the long run.