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Bunning And Bernanke (Fan/Fred)

Senator Bunning sent in a written request to Bernanke following his re-confirmation hearing – and Bernanke has responded.  You can read the entirety of both; I am going to focus this Ticker on one section that I have repeatedly opined, as there is apparent clarity here:
Bunning: 28. In response to a question posed by Senator Corker, you stated “On the mortgage backed securities, we have a longstanding authorization to do that. I do not think there is any legal issue.” Please provide the Fed’s legal<a href="http://www.istock″>[More...]


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