Federal Reserve Chairman Ben Bernanke
Aug 14, 2012 — Mitt Romney's new running mate has authored some provocative policy proposals to cut budget deficits and overhaul Social Security, Medicare and Medicaid. But Rep. Paul Ryan has also been an advocate for a different course for the Federal Reserve.
Aug 26, 2011 — In his much anticipated speech in Jackson Hole, Wyo., on Friday, Federal Reserve Chairman Ben Bernanke may not have provided the financial markets with the kind of details they sought on what new steps he would do to breathe more life into the economy.But he definitely gave President Obama something to hang onto. He also gave congressional Republicans some support.
Aug 16, 2011 — Texas Gov. Rick Perry only officially entered the race for the Republican presidential nomination Saturday and already by Monday he was raising plenty of eyebrows with his warning that he would consider it an act of treason if Federal Reserve Chairman Ben Bernanke took further extraordinary steps to boost the sagging economy.
Mar 1, 2011 — Bernanke discounted warnings from private economists of severe harm to the economic recovery from House GOP spending cuts of $61 billion from the current fiscal year. He said the impact would be far smaller than those other economists have warned. His comments provided the GOP with political cover.
Feb 26, 2013 — But the Federal Reserve chairman warns Congress that the "sharp, front-loaded spending cuts" that would come with the so-called sequester could hurt the economy. He recommends "policies that reduce the federal deficit more gradually in the near term but more substantially in the longer run."
Aug 31, 2012 — Ben Bernanke said the stagnation of the labor market was of "grave concern."
Aug 22, 2012 — Many Federal Reserve members said there would have to be action fairly soon if the economy didn't pick up, according to the minutes of their most recent meeting. Separately, the CBO warned of a recession if the economy goes off a "fiscal cliff" at the end of year.
Oct 4, 2011 — Cautious consumers, the housing sector's lingering problems and the drag from the government sector are combining to slow an already weak economy even further, the central bank chairman says.
Sep 22, 2011 — Stocks around the world fell sharply Thursday. By midday, the Dow was down about 400 points. Analysts said the Fed's "Operation Twist" was actually a signal that the central bank is still extremely worried about the prospects for recovery.
Aug 26, 2011 — On Wall Street, stocks fell at first on word that the Fed isn't likely to take any new steps to boost the economy. They later recovered.