Bernanke Hearing Canceled Over Weather

Federal Reserve Chairman Ben Bernanke’s Wednesday appearance before a U.S. House panel has been postponed because of the ongoing weather issues in the nation’s capital.

Bernanke

The House Financial Services Committee said Tuesday it was canceling all of its hearings for the week. The panel was supposed to hear Wednesday from Bernanke on how the Fed plotted to unwind the many liquidity programs place in house during the financial crisis.

Bernanke is also expected to grow later this month to give his semiannual monetary plot report to Congress.

The Fed plans to release Bernanke’s testimony as prepared for delivery Wednesday even though the Fed chairman’s actual appearance has been postponed.

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