Bernanke Testifies on Fed Policy, Economy (Part 1)

July 18 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke testifies about Fed policy and the U.S. economy before the House Financial Services Committee in Washington. Bernanke said U.S. central bankers are capable of removing record stimulus from the financial system and raising interest rates when needed to avoid triggering inflation. (This is the first part of the hearing. Source: Bloomberg)
Why It May Be Tough for TWC to Remain Independent
20:35 - John Bergmayer, a senior staff attorney at Public Knowledge, and Bloomberg's Alex Sherman discuss the reports that advisers for Charter Communications have reached out to Time Warner Cable to begin friendly talks on an acquisition after Comcast withdrew its bid for the company. They speak with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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