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Federal Reserve Chairman Dr. Ben Bernanke  

I introduced Federal Reserve Chairman Dr. Ben Bernanke this morning to a meeting of the Siouxland Chamber during their trip to Washington DC. Some people at my town-hall meetings have asked why we have the Federal Reserve rather than Congress handling monetary policy. The answer is that the Federal Reserve is not political and they are pretty good at what they do. I think we can all agree that it is a better system than Congress setting the interest rates. I’m glad the Siouxland Chamber got the opportunity to hear Chairman Bernanke speak in person and ask him questions.