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News Now

Washington
Fed Chair Bernanke to report on economic monetary policy
WASHINGTON (2/18/10)--Federal Reserve Chairman Ben Bernanke on Feb. 24 will deliver the semiannual report on the state of the economy and monetary policy before the House Financial Services Committee. The Humphrey Hawkins hearing, which is held on a bi-annual basis, was announced by Committee Chair Rep. Barney Frank (D-Mass.) on Wednesday. Bernanke earlier this month was sworn in for a second four-year term as Fed chairman. His term as chairman ends Jan. 31, 2014, and his 14-year term as member of the board ends Jan. 31, 2020.


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