Bernanke Defends Asset Buys, Says Inflation Subdued

Feb. 26 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke defended the central bank’s unprecedented asset purchases, saying they are supporting the expansion with little risk of inflation or asset-price bubbles. Bernanke, speaking before the Senate Banking Committee in his semiannual policy report to Congress, said inflation remains "subdued." (This is an excerpt. Source: Bloomberg)
Amtrak, NTSB, Other Officials Testify on Train Derailment
42:26 - Joseph Boardman, chief executive officer of Amtrak, and Christopher Hart, chairman of the National Transportation Safety Board, testify about the May 12 derailment of an Amtrak train in Philadelphia that killed 8 people and injured more than 200. Sarah Feinberg, acting administrator of the Federal Railroad Administration, and Dennis Pierce, national president of the Brotherhood of Locomotive Engineers and Trainmen, also speak before a hearing of the House Transportation and Infrastructure Committee. (Prepared remarks. Source: Bloomberg)
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