Evan Soltas
Jul 17, 2012

Bernanke Goes to Congress

I believe this was a picture taken of Chairman Ben Bernanke as he gave testimony to the Senate Committee on Banking, Housing, and Urban Affairs.*

Bernanke's prepared opening statement is available here. Close watchers of the Fed, myself included, note you don't actually have to read this statement, because there is nothing new or informative in it.

The actual hearing, with question-and-answer between senators and Bernanke, is still going on now. I will follow up if there is anything worth a full post. Chances are, there won't.

* Not a real picture. The lights were flickering on and off during the hearing.