We Know What We're Doing, Bernanke Assures Congress

Fed chair defends response to financial crisis
By Nick McMaster,  Newser Staff
Posted Feb 25, 2009 3:00 PM CST
We Know What We're Doing, Bernanke Assures Congress
Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee today.   (AP Photo)

Ben Bernanke defended the government’s response to the financial crisis today before Congress, saying regulators’ various approaches reflect different aspects of a unified strategy, MarketWatch reports. “We’re not making it up,” the Federal Reserve chief said. “We’re working along a program that has been applied in various contexts. We’re not completely in the dark.” (More Ben Bernanke stories.)

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