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Bernanke’s 2009 Interview Published by Crisis Panel in Reversal

Feb. 14 (Bloomberg) -- The panel authorized by Congress to investigate the financial crisis published the transcript of a 2009 interview with Federal Reserve Chairman Ben S. Bernanke after initially saying it would be withheld.

The Financial Crisis Inquiry Commission posted the 89-page transcript on its website today. Tucker Warren, a spokesman for the panel, said the Fed agreed late Feb. 11 to its publication. The session was initially withheld because it was considered confidential. The panel later sought and received the Fed’s agreement to make it public, he said.

In a Feb. 11 article, Bloomberg News quoted Warren as saying the FCIC was withholding records when there was “legal or proprietary information in those interviews that meant they could not be made public,” or no audio, transcript or summary exists. The FCIC on Feb. 10 released more than 300 witness interviews.

Michelle Smith, a spokeswoman for the Fed, declined to comment today.

To contact the reporter on this story: Scott Lanman in Washington at slanman@bloomberg.net; Joshua Zumbrun in Washington at jzumbrun@bloomberg.net.

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

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