U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability" on Capitol Hill in Washington in this November 18, 2008 file photo. In September 2008, a turbulent month that saw the fall or near-death experience of industry giants like Fannie Mae, Freddie Mac, AIG, Merrill Lynch and Lehman Brothers, Paulson met with Bernanke numerous times. At the time, Bernanke eagerly backed a proposal by Paulson that was widely criticized for being way too thin on details, weighing in at a mere three pages -- and with nary a mention of Wall Street pay. Reuters Pictures 4 weeks ago

U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability" on Capitol Hill in Washington in this November 18, 2008 file photo. In September 2008, a turbulent month that saw the fall or near-death experience of industry giants like Fannie Mae, Freddie Mac, AIG, Merrill Lynch and Lehman Brothers, Paulson met with Bernanke numerous times. At the time, Bernanke eagerly backed a proposal by Paulson that was widely criticized for being way too thin on details, weighing in at a mere three pages -- and with nary a mention of Wall Street pay.

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  1. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability" on Capitol Hill in Washington in this November 18, 2008 file photo. In September 2008, a turbulent month that saw the fall or near-death experience of industry giants like Fannie Mae, Freddie Mac, AIG, Merrill Lynch and Lehman Brothers, Paulson met with Bernanke numerous times. At the time, Bernanke eagerly backed a proposal by Paulson that was widely criticized for being way too thin on details, weighing in at a mere three pages -- and with nary a mention of Wall Street pay.
  2. FILE - In this Sept. 19, 2008 file photo, President George W. Bush, second left, accompanied by, from left, Federal Reserve Chairman Ben Bernanke, then Treasury Secretary Henry Paulson, and then Securities and Exchange Commission Chairman Christopher Cox, delivers a statement about the economy and government efforts to remedy the crisis in the Rose Garden of the White House in Washington.
  3. FILE - In this Sept. 7, 2008 file photo, Federal Housing Finance Agency Director James Lockhart, left, concludes his remarks as Treasury Secretary Henry Paulson, Jr., right, takes his turn at the microphone during a news conference in Washington on the bailout of mortgage giants Fannie Mae and Freddie Mac. A year after the collapse of the mortgage companies Fannie Mae and Freddie Mac, Americans remain almost entirely dependent on the government to keep them and the housing market alive.
  4. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  5. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  6. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  7. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  8. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  9. U.S. Federal Reserve Chairman, Ben Bernanke (L), French finance minister, Christine Lagarde (C) and U.S. Treasury Secretary Timothy Geithner, return to a meeting after a group photograph at the G20 Finance Ministers meeting at the Treasury, in central London September 5, 2009. G20 finance leaders pledged on Saturday to keep economic life-support packages in place for now, slap tighter controls on bankers' pay and give a bigger voice to emerging markets in the international institutions.
  10. WASHINGTON - OCTOBER 29: Committee Chairman Rep. Barney Frank (D-MA) listens during a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC. The committee called U.S. Secretary of the Treasury Timothy F. Geithner, Sheila Bair, chairman of the Federal Deposit Insurance Corporation, and others before it to testify about plans for regulatory reform.
  11. WASHINGTON - OCTOBER 29: Committee Chairman Rep. Barney Frank (D-MA) (C) speaks during a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC. The committee called U.S. Secretary of the Treasury Timothy F. Geithner, Sheila Bair, chairman of the Federal Deposit Insurance Corporation, and others before it to testify about plans for regulatory reform.
  12. House Financial Services Committee members, from left, Rep. Peter King, R-N.Y., Rep. Michael Castle, R-Del., Rep. Shelley Moore Capito, R-W.Va., back to camera, Rep. Jeb Hensarling, R-Texas. and the Committee's Ranking Republican Rep. Spencer Bachus, R-Ala., confer on Capitol Hill in Washington, Wednesday, Oct. 21, 2009, during the committee's markup on the financial overhaul bill.
  13. House Financial Services Committee member Rep. Adam Putnam, R-Fla., listens to a vote during the committee's markup on the financial overhaul bill, Wednesday, Oct. 21, 2009, on Capitol Hill in Washington. Committee Chairman Rep. Barney Frank, D-Mass., presides at left.
  14. U.S. Representative Barney Frank (D-MA) (2nd R) checks his mobile phone as he departs following a news conference on issues before the House Financial Services Committee on Capitol Hill in Washington, November 3, 2009.
  15. U.S. Representative Barney Frank (D-MA) (R) departs following a news conference on issues before the House Financial Services Committee on Capitol Hill in Washington, November 3, 2009.

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