Quotes About Bernanke

Tight fiscal policies were arguably offsetting much of the effect of our monetary efforts.

But the end of tightening seemed in sight.

That dynamic would doom our efforts to failure.

was not subject to oversight by insurance regulators.

In worrying about the practical aspects of the plan more than political considerations, I may have been tone-deaf.

Perhaps my low-key approach hurt us politically, but I was not comfortable proceeding in any other way.

I made clear that I thought the benefits of our securities purchases had so far outweighed the risks.

I decided not to go. I didn't want to compromise the Fed's political independence by getting involved in the details of legislative disputes.

McCain, despite having asked for the meeting, seemed unwilling to work actively for a solution.

and I didn't expect any meaningful economic damage.

Obama seemed more interested in my views than McCain was.

The failure of this firm was unlikely to have a broad economic impact, and so we believed a 13(3) loan was not justified.

the requirement also limited the interventions available to the Fed.

in the absence of international coordination those rules might be inconsistent with U.S. standards,

The decision would depend on economic developments, especially on the persistence of inflation.

He has been very resistant" to capital injection,

I jokingly apologized for causing him so much trouble. He laughed and said that he wished we could have waited a week.

our purchases would prove highly profitable for taxpayers.

Whether Wells would return to the negotiations, and if so on what terms, was unclear.

At FOMC meeting breaks he would inhale doughnuts, but nevertheless remained slim.)

But Citi had problems of its own and wanted the FDIC to limit the losses it might inherit from Wachovia.

presidents were particularly alarmed at the prospect of losing bank supervision duties

I also pressed the issue at congressional hearings.

I agree that more should have been done to help homeowners, although devising effective policies to do that was more difficult than many appreciate.