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Tuesday, August 25, 2009

Video: Obama reappoints Bernanke for second Fed term

President Barack Obama announced Tuesday that he wants Ben Bernanke to get a second four-year term as head of the Federal Reserve, praising his 'calm and wisdom' in the face of a near financial collapse.

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Tuesday, July 21, 2009

Video - Bernanke: Problems will remain through 2011

Federal Reserve Chairman Ben Bernanke says economic problems, including high unemployment will continue into 2011. He says the government's monetary policies to address the economy we be wound down as needed.

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Thursday, June 25, 2009

Video - Bernanke: I Did Not Bully BofA to Buy Merrill

Federal Reserve Chairman Ben Bernanke has told Congress that he didn't pressure Bank of America into acquiring Merrill Lynch in a deal that ultimately cost taxpayers $20 billion.

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Wednesday, June 3, 2009

Video - Bernanke: Recovery will be slow

Federal Reserve chairman Ben Bernanke says the weak labor market and the continued tightness of credit will slow the economic recovery's pace.

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Tuesday, May 5, 2009

Video - Bernanke: Economy should grow later in 2009

Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the economy should pull out of a recession and start growing again later this year, but warned that unemployment is expected to remain high.

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Friday, May 1, 2009

Video - Week Ahead: More from Bernanke

Federal Reserve Chairman Bernanke is out on the speaking circuit in the week ahead, with talks expected on the economy and banking system.

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Tuesday, March 10, 2009

Video: Bernanke calls for regulatory overhaul

Federal Reserve Chairman Ben Bernanke says the U.S. financial regulatory system must be overhauled to strengthen oversight of banks, mutual funds and large financial institutions whose collapse would put the entire economy in peril.

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Tuesday, February 24, 2009

Video - Bernanke: Economy suffering 'severe contraction'

Federal Reserve Chairman Ben Bernanke told Congress Tuesday the economy is suffering through a 'severe contraction' and pledged to use all available tools to lift the country out of the recession.

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Tuesday, January 13, 2009

Video - Bernanke: More govt action needed

Federal Reserve Chairman Ben Bernanke said that fiscal stimulus alone may not be enough to alleviate a worsening economy. Bernanke said a U.S. stimulus could give a significant boost, but that the government could consider additional capital injections. Meanwhile, the U.S. trade gap shrank to $40.4 billion, marking the biggest contraction in twelve years. Diane King reports from New York.

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