Senate Banking Committee

Bernanke’s Re-Confirmation Hearing December 3

Fed chairman Ben Bernanke will be up for Congressional re-confirmation on December 3. Below is what Chris Dodd, chairman of the Senate Banking Committee had to say about it in August, and also what other Senators are saying on both sides of the aisle. The problem with politicians is that they’re subject to election cycles

Bernanke To Congress: Recovery In 2010*

In testimony before the Senate Banking Committee today, Fed chairman Ben Bernanke said that the ‘severe’ recession will continue into 2010 unless regulators can help. Below is the full transcript of his testimony: Chairman Ben S. Bernanke Semiannual Monetary Policy Report to the Congress Before the Committee on Banking, Housing and Urban Affairs, U.S. Senate,

Bernanke Briefs Congress On Inflation, Recession & Mortgage Changes

Fed chairman Ben Bernanke testified to the Senate Banking Committee today on the outlook for growth and inflation. The growth picture looks bleak, dragged down by housing, and the inflation looks higher because of rising food and energy prices. The tug of war continues. He also discussed some changes to mortgage approvals including the elimination