Bernanke tells Congress Fed knows what it is doing
Federal Reserve Board Chairman Ben Bernanke tried to assure Congress and investors that federal regulators are not grasping at straws in the response to the financial crisis."We're not making it up," Bernanke told the House Financial Services panel."We're working along a program that has been applied in various contexts," he said.
"We're not completely in the dark.">>>MORE
I have two problems but only one tool.
Testimony to the House Budget Committee
Jan. 16, 2008