All Weekend, Every Weekend. On C-SPAN3.

Ben Bernanke Discusses Fed Monetary Decisions

Washington, DC
Wednesday, July 18, 2012

Federal Reserve Chairman Ben Bernanke said he does not think the U.S. will slip back into recession, unless the Congress fails to deal with the series of tax increases and spending cuts set to take effect in January.

The Fed Chairman testified on Capitol Hill for the second day in a row, this time before the House Financial Services Committee. He expressed opposition to a bill making its way through the House that would allow Congress to review monetary decisions made by the Fed.

That bill is sponsored by Ron Paul of Texas. The Chairman testifies semi-annually before both houses of Congress on the state of the economy and monetary policy.

Updated: Wednesday, July 18, 2012 at 2:15pm (ET)

Related Events

Ben Bernanke Debates Economic Policy with Senators
Tuesday, February 7, 2012     

Federal Reserve Chairman Ben Bernanke urged senators to resolve differences over payroll tax cuts that expire this month saying uncertainty could slow the economy down. He testified before the Senate Budget Committee on the U.S. economic outlook for this year.

Bernanke Questioned on Economy, Interest Rates Stay at Current Levels Until 2014
Wednesday, February 29, 2012     

Federal Reserve Chairman Ben Bernanke presented his semi-annual monetary policy testimony to the congress. In opening statements, he said that the Fed will hold interest rates at current levels until 2014.

Fed Chairman Returns to Capitol Hill for Monetary Policy Report
Thursday, March 1, 2012     

Federal Reserve Chairman Bernanke told House lawmakers Wednesday that the Fed plans to hold U.S. interest rates at the current rate until late 2014.  Today, he presented his semi-annual monetary policy testimony to Senate members.

Top Financial Chiefs Testify on Europe’s Debt Crisis
Wednesday, March 21, 2012     

Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke went before a House Committee about Europe’s debt crisis.  He suggested that it still poses risks to the U.S. economy.

Ben Bernanke Lecture Series at GWU
Tuesday, March 27, 2012     

Federal Reserve Chairman Ben Bernanke delivered four lectures in a series on the Federal Reserve as part of a George Washington University School of Business class.

Fed Chair Meets with Media After FOMC Meeting
Wednesday, April 25, 2012     

Fed Chair Ben Bernanke says economic recovery in the country will continue at a moderate pace, hampered by the sluggish housing sector. The Fed will keep interest rates at record lows until about 2014. In remarks to reporters after a round of policy meetings Wednesday, Mr. Bernanke also warned that the U.S. faces a fiscal cliff unless Congress acts ahead of tax hikes and spending cuts scheduled at the start of 2013.

Lawmakers Call for Fed Action After May Jobs Report
Thursday, June 7, 2012     

Federal Reserve Chair Ben Bernanke told Congress that the economy continues growing at a moderate pace, but that lawmakers should tackle the country's debt and fiscal problems to avoid another possible recession. Mr. Bernanke’s testimony to the Joint Economic Committee follows the release of job number for May,which showed the unemployment rate increased to 8.2%, and that May had the fewest number of jobs added for this year.

Fed Chair Meets with Press After FOMC Meeting
Wednesday, June 20, 2012     

The Federal Reserve's Federal Open Market Committee (FOMC) wraps up a two-day policy meeting Wednesday followed by a press briefing by Fed Chairman Ben Bernanke.

IMF Recommends Economic Changes in China
Friday, September 6, 2013     

A recent International Monetary Fund report recommends that China make significant changes to its economic system in order to maintain its current pace of growth. Markus Rodlauer, the IMF's China mission chief, discusses the report with a panel of China experts at this Brookings Institution event.

Senate Budget Cmte. to Mark Up Budget for Fiscal Year 2014
Wednesday, March 13, 2013     

Senate Budget Chairwoman Patty Murray (D-WA) released her 2014 budget resolution for mark up Wednesday. It included significant tax increases on top of the $620 billion tax hike from the fiscal cliff deal.

Share This Event Via Social Media

Photo Gallery

C-SPAN's Video Library
Questions? Comments? Email us at AmericanHistoryTV@c-span.org