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Original Source: Political Transcript Wire
CHAIRMAN BERNANKE'S TESTIMONY, AS PREPARED FOR DELIVERY BEFORE THE JOINT ECONOMIC COMMITTEE, AS RELEASED BY THE FEDERAL RESERVE
NOVEMBER 8, 2007
SPEAKER: FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS CHAIRMAN BEN BERNANKE
[*] BERNANKE: Chairman Schumer, Vice Chairman Maloney, Representative Saxton, and other members of the Committee, thank you for inviting me here this morning to present an update on the economic situation and outlook.
Since I last appeared before this Committee in March, the U.S. economy has performed reasonably well. On preliminary estimates, real gross ...