We cannot allow ourselves to be in a situation where the debt continues to rise, which leads to an unsustainable situation.
The Senate today confirming Ben Bernanke for a second term as chairman of the Federal Reserve but by one of the smallest...
The Fed has been very much engaged in trying to improve credit access for small businesses.
I thank you for the opportunity to appear before you today.
The belief by market participants that some firms may be too big to fail has many undesirable effects.
I think there is an appropriate division of labor: Congress and the administration, fiscal policy; Federal Reserve, mone...
Some of the steps we have taken, like the AIG episode, for example, obviously have hurt the Fed a lot politically.
We do not want any more AIGs. We do not want any more Lehman Brothers.
It is imperative, the most important thing that Congress can do is find a way to solve the 'too big to fail' problem.
I think living wills, while they are not a panacea, can be a useful adjunct to supervision.
The unemployment rate is very high, and it is a tremendous problem, and it obviously means a lot of hardship for a lot o...