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Congress Demands Bernanke’s Exit Strategy

kenneth416 Wrote: Feb 22, 2013 12:00 PM
Mr. Shedlock, you don't really think that Dr. Bernanke will provide any cogent answers to the Congress, do you? I predict that he will either not respond at all, request some distant extension of time in which to respond, or provide some wordy, nerdy, goobledegook treatise which will cause one's eyes to glaze over.

In a long overdue, yet surprising move, Jim Jordan, chairman of the House Subcommittee on Economic Growth demands answers on Bernanke's exit strategy.

Rep. Jim Jordan (R-Ohio) is demanding that Federal Reserve Chairman Ben Bernanke explain exactly how he plans to wind down the Fed's massive portfolio once its run of bond buying comes...