On the recordJuly 13, 2011
Senator, you are absolutely right.
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congress.govSenator, you are absolutely right.
Bernanke agrees with Johanns on the implications of political risk in the Treasury market.
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As I have mentioned, it is a cost of these policies and it is one that we take very seriously.
Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.
the Congress ought to think carefully about how it taxes and spends and try and achieve the best outcomes it can
Dodd-Frank is a very big, complicated piece of legislation in an area proving difficult is the push-out provision for derivatives.