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FEDERAL RESERVE BOARD OF GOVERNORS CHAIRMAN BEN BERNANKE DELIVERS REMARKS BEFORE THE JOINT ECONOMIC COMMITTEE.

Political/Congressional Transcript Wire

| November 08, 2007 | COPYRIGHT 2007 CQ Transcriptions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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 ...

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