Gerry Connolly actually said...

I particularly want to thank the chairman for holding these hearings that are clearly of importance to all of us in the National Capital Reg...

There is, however, one critical area in which I believe the Fed has failed to act--the municipal bond market.

I respect the Federal Reserve's various efforts to stabilize the current crisis.

Chairman Bernanke, would you agree that the municipal credit market is still in distress?