Let me just say that we are quite aware of these portfolios, and we are addressing them in at least two ways.
monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems
GSE-type organizations are not essential to successful mortgage financing. Indeed, many other industrial countries without GSEs have achieve...
Our goals are Main Street, our goals are jobs, our goals are low inflation.
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.
Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict between private shareholde...
Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and more action to make su...
A default by the U.S. Government would be extremely disruptive.
Our mission as set forth by the Congress is a critical one: to preserve price stability; to foster maximum sustainable growth in output and ...
Right now our concern is that the Chinese currency policy is blocking what might be a more normal recovery process in the global economy, an...
I agree with your analysis of GSEs.