Maxine Waters Spars With Bernanke

February 24, 2010 1:42 PM

Before the House Financial Services Committee, Federal Reserve Chairman Ben Bernanke and Rep. Maxine Waters (D-Calif.) engaged in a verbal spar over whether raising federal funds would or would not cause mortgage rates to rise

Bernanke: Low Interest Rates Still Needed

Recommended

Obama: Racism is no excuse for not excelling
2:47 May 19, 2013

Obama: Racism is no excuse for not excelling

As a young man, "Sometimes I wrote off my own failings as just another example of the world trying to keep a black man down," said President Obama during a commencement address at Morehouse College in Atlanta, "but one of the things you've learned over the last four years is that there's no longer any room for excuses."
Obama on the economy: "Things are looking up"
3:00 May 18, 2013

Obama on the economy: "Things are looking up"

President Obama channeled optimism on America's economic future in his weekly address on Saturday, noting positive news on deficit reduction, the housing market, the auto industry, and the energy sector to make his case that "in a lot of sectors, things are looking up."
GOP links Obamacare with IRS targeting scandal
3:30 May 18, 2013

GOP links Obamacare with IRS targeting scandal

The IRS is charged with overseeing part of the implementation of the president's healthcare reform law, and that's a problem, according to Rep. Andy Harris, R-Md., who warned in the weekly GOP address today that the recent targeting scandal at the tax agency proves "that the IRS needs less power, not more."
IRS chief: Disclosure of targeting was intentional
1:25 May 17, 2013

IRS chief: Disclosure of targeting was intentional

Acting IRS commissioner Steven Miller told Congress that senior IRS official Lois Lerner's disclosure last week that the agency had engaged in excessive targeting of conservative groups was the result of a "planned Q&A," and that he "talked about" the question with the questioner before the event began.
No "silver bullet" to stop military sexual assaults, says Hagel
2:16 May 17, 2013

No "silver bullet" to stop military sexual assaults, says Hagel

After a "very important, productive meeting" with President Obama and military leaders on the "huge problem" of sexual assault in the military, Defense Secretary Chuck Hagel said that while there is no "silver bullet" to stop the problem, "We all have committed to turn this around, and we're going to fix the problem."
Obama on infrastructure: "We've got to up our game"
2:18 May 17, 2013

Obama on infrastructure: "We've got to up our game"

Announcing a new proposal to expedite the timeline of big infrastructure projects, President Obama said, "I'm big on rebuilding our infrastructure - bridges, airports, ports," but warned that as the rest of the world continues building their own infrastructure, "We've got to up our game."
Michelle Obama decries "slander" that educated blacks are "trying to act white"
1:38 May 17, 2013

Michelle Obama decries "slander" that educated blacks are "trying to act white"

During a commencement address at Bowie State University on Friday, first lady Michelle Obama urged the graduates of the historically black university to "please stand up and reject the slander that says a black child with a book is trying to act white," instructing them to "be an example of excellence for the next generation."