WASHINGTON — Chairman Ben Bernanke says the 2008 financial crisis showed the Federal Reserve that it must strengthen its approach to both regulation and interest-rate policies.
Bernanke say the economy has yet to fully recover from the downturn, during a speech in Cambridge, Mass. to the National Bureau of Economic Research in Cambridge, Mass.
His speech focused on the Fed's successes and failures in managing the economy over the past 100 years. Bernanke told the audience he would not address the Fed's current policies in his speech but that he expected to be asked about it during a question and answer period.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Politics
Election
GOP endorses Tad Jude for congressional seat Dean Phillips is leaving
Longtime Republican legislator, county commissioner and judge won after three rounds of voting.
Nation
Republicans seeking Georgia congressional seat debate limits on abortion and immigration
Brian Jack sought to make a Sunday debate among Republican candidates for an open Georgia congressional seat all about his close ties to former President Donald Trump, while the other contenders ignored Trump's endorsement of Jack.
Politics
Joe Biden wins Democratic primary in Puerto Rico
President Joe Biden won the Democratic presidential primary Sunday in the U.S. territory of Puerto Rico.
Nation
Have you heard the one about Trump? Biden tries humor on the campaign trail
President Joe Biden is out to win votes by scoring some laughs at the expense of Donald Trump, unleashing mockery with the goal of getting under the former president's thin skin and reminding the country of his blunders.
Politics
'Running against a 6-year-old': Biden lets Trump jokes fly at annual roast
The annual dinner at the Washington Hilton Hotel provided a break to journalists and government officials from their normal jousting for a night of glitz and gossip in celebration of the free press.