Congress is expected to grill Bernanke on economy, jobs

02/24/2010 | CNBC

Ben Bernanke, chairman of the Federal Reserve, is set to appear at a congressional hearing this week, his first appearance before Congress since his confirmation last month. Analysts, market participants and observers expect lawmakers to grill Bernanke on the banking industry, economy and other issues. "He'll be taking a beating whenever he appears before Congress until the economy is clearly out the woods," said David Resler, an economist at Nomura Securities. "There's a lot of resentment about the Fed, a lot of finger pointing."

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