Congress, Politics, Books
and American History

Federal Reserve Chairman Ben Bernanke said today that central banks around the world should have a dual goal of controlling inflation and supporting the banking system - and that the Fed had acted successfully during the recent economic downturn.

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Federal Reserve Chairman Ben Bernanke was in El Paso, Texas to hold a town hall meeting with military families at Fort Bliss. They discussed financial literacy.

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Federal Reserve Chairman Ben Bernanke held a news conference to present the Federal Open Market Committee's (FOMC) current economic projections and to provide additional context on the group's policy decision. The FOMC has announced that it plans to keep rates as low as they are now until at least late 2014.

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The House Financial Services Subcommittee held a hearing on how to define and designate what is a systemically significant financial institution or better known as “too big to fail” banks.

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The Council on Foreign Relations hosts a discussion on the European economy and its effect on global fiscal health. Willem Buiter,the Citigroup's Chief Economist discussed these issues with Rana Forhoohar from Time magazine.

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The Peter G. Peterson Foundation (PGPF) holds its third annual "2012 Fiscal Summit: America's Case for Action."  Participants include, Former  Pres. Bill Clinton, Speaker of the House John Boehner (R-OH) and others.

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New Jersey Governor Chris Christie gave the keynote address at the Milton Friedman Prize for Advancing Liberty Dinner on Friday.

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Economists from both sides of the aisle, including former Reagan advisor Martin Feldstein and former Obama advisor Larry Summers,  discussed what can be done to simplify and overhaul the tax code, and the political implications of tax reform.

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General Martin Dempsey, the 18th Chairman of the Joint Chiefs of Staff, spoke with Jessica Mathews, President of the Carnegie Endowment for International Peace.

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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.

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