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WASHINGTON - NOVEMBER 18: U.S. Treasury Secretary Henry Paulson (L) and Federal Reserve Bank Chairman Ben Bernanke prepare to testify before the House Financial Services Committee on Capitol Hill November 18, 2008 in Washington, DC. Facing tough questions from Congress, Secretary Paulson said the crisis on Wall Street has changed since the $700 billion bailout was first passed by Congress and he now wants to use the money to directly shore up banks instead of buying up bad loans.
WASHINGTON - NOVEMBER 18: U.S. Treasury Secretary Henry Paulson (L) and Federal Reserve Bank Chairman Ben Bernanke prepare to testify before the House Financial Services Committee on Capitol Hill November 18, 2008 in Washington, DC. Facing tough questions from Congress, Secretary Paulson said the crisis on Wall Street has changed since the $700 billion bailout was first passed by Congress and he now wants to use the money to directly shore up banks instead of buying up bad loans.
US Federal Reserve Board Chairman Ben Bernanke arrives to testify before the House Financial Services Committee on November 18, 2008 on Capitol Hill in Washington, DC. The committe is holding hearings 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."
US Federal Reserve Board Chairman Ben Bernanke(R) arrives to testify before the House Financial Services Committee on November 18, 2008 on Capitol Hill in Washington, DC. The committe is holding hearings 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."
US Federal Reserve Board Chairman Ben Bernanke (R) arrives to testify before the House Financial Services Committee on November 18, 2008 on Capitol Hill in Washington, DC. The committe is holding hearings 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."
US Federal Reserve Board Chairman Ben Bernanke(R) and Treasury Secretary Henry Paulson arrive to testify before the House Financial Services Committee on November 18, 2008 on Capitol Hill in Washington, DC. The committe is holding hearings 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."
U.S. Federal Reserve President Ben Bernanke, left, is welcomed by his European Central Bank counterpart Jean-Claude Trichet, center, as Mexican Central Bank President Guillermo Ortiz, right, watches prior to their meeting at the fifth ECB Central Banking Conference in Frankfurt, Germany, on Friday, Nov. 14, 2008.
FRANKFURT, GERMANY - NOVEMBER 14: Jean-Claude Trichet (R), President of the European Central Bank (ECB) and Ben Bernanke (L), Chairman of the Board of Governors of the US Federal Reserve System, speak together at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.
FRANKFURT, GERMANY - NOVEMBER 14: Jean-Claude Trichet (R), President of the European Central Bank (ECB) and Ben Bernanke (L), Chairman of the Board of Governors of the US Federal Reserve System, look on at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.
FRANKFURT, GERMANY - NOVEMBER 14: Jean-Claude Trichet (R), President of the European Central Bank (ECB) and Ben Bernanke (L), Chairman of the Board of Governors of the US Federal Reserve System, talk together at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.
FRANKFURT, GERMANY - NOVEMBER 14: Ben Bernanke, Chairman of the Board of Governors of the US Federal Reserve System, speaks at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.
FRANKFURT, GERMANY - NOVEMBER 14: Jean-Claude Trichet (R), President of the European Central Bank (ECB) and Ben Bernanke (L), Chairman of the Board of Governors of the US Federal Reserve System, talk together at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.
FRANKFURT, GERMANY - NOVEMBER 14: Jean-Claude Trichet (R), President of the European Central Bank (ECB) and Ben Bernanke (L), Chairman of the Board of Governors of the US Federal Reserve System, talk together at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.
FRANKFURT, GERMANY - NOVEMBER 14: Jean-Claude Trichet (L), President of the European Central Bank (ECB) and Ben Bernanke (R), Chairman of the Board of Governors of the US Federal Reserve System, arrive at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.
FRANKFURT, GERMANY - NOVEMBER 14: Ben Bernanke, Chairman of the Board of Governors of the US Federal Reserve System, arrives at a panel discussion at the Fifth ECB Central Banking Conference on November 14, 2008 in Frankfurt. The panel discussed international interdependencies and monetary policy on police maker's view.