Politics

This Afternoon With Fed Chairman Ben Bernanke

By Speaker Pelosi

Our meeting was respectful of our mutual interests in stabilizing the economy. We know that people are hurting, so I hope that we can work together ? recognizing the independence of the Fed ? and coordinate monetary and fiscal policy that will soften the blow for hard-working families affected by an economic slowdown.

I look forward to Chairman Bernanke?s testimony before the House Budget Committee later this week.

As Leader Reid and I said in our letter to President Bush last week, we want to work with the President in a bipartisan way to develop a fiscal stimulus package to address the severe strains being felt by millions of Americans. We look forward to meeting with the President and Republican Congressional leaders to find a solution that is timely, targeted, and temporary.

Full post as published by The Gavel on January 14, 2008 (boomark / email).