Board of Governors of the Federal Reserve System

.1 While most of my discussion will focus on monetary policy spillovers...1 percent or perhaps a bit less. While foreign exports are hurt due to

.1 Before 2007, large banks provided credit and liquidity support, whether

.1 A year ago, our economy--indeed, all of the world's major economies...1/4 percent, compared with 5-1/4 percent before the crisis--and we have

.1 These declines may have reversed much, or perhaps all, of the earlier...1/4 million foreclosures last year, more than double the number seen in

.1 Our actions have hardly come without scrutiny or criticism, of course...1 million student loans, about 850,000 small business loans, and millions

.1 Today the Federal Reserve Board unanimously approved an advance notice...1). By enacting the CRA, lawmakers aimed to reverse the disinvestment

26.1 The second portion of my testimony will address the unusual stress...$1 million or less and 21 per

.1 We look forward to a brighter time ahead, when vaccinations are widespread...$1.2 trillion at one point, roughly four standard deviations above the

.1 Let me recount just a few of our challenges: significant market turmoil...1/4 percentage points, with wide-ranging implications for the economy.

$1.4 trillion managed by hedge funds, it is far less than the over $50....1 The BHC Act requires any company to obtain approval from the Federal