By Peter Schroeder - 07/17/13 07:55 PM EDT
Bernanke: Congress should focus on long-term sustainability
Bernanke has not been shy about critiquing Congress's penchant for high-stakes standoffs and existing fiscal policy, including automatic sequester cuts, that put too much pressure on the economy now while failing to address other long-term problems. He reiterated that message to the House Financial Services Committee in what could be his final appearance before the panel. He is widely expected not to serve a third term.