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Tag Archives: Ben Bernanke

Bernanke defends AIG bailout in court

  WASHINGTON — Former Federal Reserve Chairman Ben Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe. Bernanke took the stand at a ...

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Bernanke: Fed stimulus tied to economy’s health

WASHINGTON — Ben Bernanke says the Federal Reserve’s efforts to boost the U.S. economy remain tied to the job market’s health and inflation, delivering what could be his final semiannual economic report to Congress. The Fed chairman is appearing before ...

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Bernanke calls job market weak despite gains

WASHINGTON — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost economic growth. Bernanke’s comments Monday to a group of economists in Arlington, ...

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Bernanke: Community banks strengthening

WASHINGTON — U.S. community banks are gaining strength even though the economy is improving only moderately, Federal Reserve Chairman Ben Bernanke said Wednesday. The Fed chief delivered prerecorded remarks on a video monitor before a convention of community bankers in ...

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Economic trouble puzzles Fed chief, too

WASHINGTON — The economy's continuing struggles aren't just confounding ordinary Americans. They've also stumped the head of the Federal Reserve. Fed Chairman Ben Bernanke told reporters Wednesday that the central bank had been caught off guard ...

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