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StumbleSummary Box: Fed Chief and the Economy
Friday, Aug. 31, 2007 | 8:42 a.m.
FINANCIAL STORM: Federal Reserve Chairman Ben Bernanke vowed to do all that is necessary to protect the national economy from the ill effects of a global credit crunch.
TOUGH LOVE: Bernanke suggested the Fed's next move will be driven by economic considerations, not only in response to troubles of investors and lenders.
LIMITED ROLE: While President Bush announced steps to help homeowners struggling to make their mortgage payments, he made clear he has no interest in bailing out lenders.
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