February 25, 2013
The 7 top moments of Fed chairmen before Congress
From Volcker to Bernanke
MarketWatch Slide
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WORKPLACE
• 13 companies everyone wants to work for
• 7 office gadgets headed for the graveyard
• The 10 biggest U.S. corporate layoffs of 2012
• Jobs that make you sick
Entertainment
• The hottest ‘As Seen on TV’ products
• Andy Griffith’s most popular roles
• Liz Taylor’s life and movies
• The 10 best rock-and-roll movies ever made
TRAVEL
• Most popular international travel spots for 2013
• Adventure travel: Hit the road with Road Scholar
• 5 airline stocks analysts like the most
Technology
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• 6 Instagram photos ad wizards want
• Apple’s top iPhone apps of 2012
• Top 10 tech trends to watch in 2013
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By Greg Robb,
MarketWatch
Federal Reserve Chairman Ben Bernanke travels to Congress to
deliver his semi-annual report card on the health of the economy. The tradition
dates back to when Congress, in the reform spirit in the post-Watergate era,
passed the Humphrey Hawkins Full Employment Act of 1978 that, among other
things, required that the Fed chief appear twice per year to discuss the state
of the economy. Read
preview of Bernanke’s testimony
This came at a time when Fed officials believed that the less said about
monetary policy the better. The resulting clashes between a Congress eager for
information from a reluctant Fed chairman mesmerized Wall Street.
The following are seven top moments from Fed chairmen testifying to Congress.
—Greg Robb
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