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Bernanke Urges Quick Action to Boost Economy

President Bush and Federal Reserve Chief Ben Bernanke have both endorsed the idea of a stimulus package for the economy. A variety of indicators have shown a sharp slowdown since last fall.

The Fed chairman did so at a House Budget Committee hearing, saying that if Congress is going to act, it should do so quickly and make sure that its actions are temporary. The president said he would lay out his plan for boosting the economy Friday.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Jim Zarroli
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
Brian Naylor
NPR News' Brian Naylor is a correspondent on the Washington Desk. In this role, he covers politics and federal agencies.
Robert Siegel
Prior to his retirement, Robert Siegel was the senior host of NPR's award-winning evening newsmagazine All Things Considered. With 40 years of experience working in radio news, Siegel hosted the country's most-listened-to, afternoon-drive-time news radio program and reported on stories and happenings all over the globe, and reported from a variety of locations across Europe, the Middle East, North Africa, and Asia. He signed off in his final broadcast of All Things Considered on January 5, 2018.