Fed Tries To Offer Economic Reassurance
Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson separately addressed the ongoing financial crisis this morning. Bernanke warned that it will be a while before the economy can bounce back, while Paulson explained to reporters how his bank equity program would work. We examine Bernanke's and Paulson's efforts to reassure the country that they've got the economic situation under control.
Related NPR Stories
Bernanke Hints At Rate Cuts Oct. 7, 2008
Paulson's Handling Of Crisis Draws Mixed Reviews Oct. 16, 2008
Bernanke Urges Economic Stimulus From Congress Oct. 20, 2008