Federal Reserve Financial Assistance Programs

Chairman Bernanke outlined initiatives to better inform the public on the range of programs associated with the financial crisis. In his remarks he said the Federal Reserve was taking on relatively little risk of financial loss with its $2 trillion in programs to make credit more widely available, promised that the central bank would become more transparent about its actions, and would unveil a new Web site to consolidate information. He answered questions submitted by members of the audience following his remarks.