Fed Chief Dismayed by Continuing Housing Slump. I’m Scared
admin2011-01-10T05:30:53-07:00January 10, 2011 (Chris Moore) Federal Reserve Board chairman Ben Bernanke, in testimony before the Senate Banking Committee, said he is dismayed by the persistence of high foreclosure rates, declining home values, and the futility of government efforts to engineer a recovery in the housing market. Read more