Testifying before Congress’ Joint Economic Committee, Federal Reserve Chairman Ben Bernanke said on April 14 that he is cautiously optimistic that the moderate economic recovery will continue, although the job market may sputter in the coming months.
Bernanke also urged lawmakers to recommend further budget cuts to help minimize the record federal deficit and help improve the nation’s long-term economic health, the Associated Press (AP) reports.
"Addressing the country’s fiscal problems will require difficult choices, but postponing them will only make them more difficult," he warned the committee.
The Fed chairman pointed to several signs of economic improvement, including the 1.6 percent increase in retail sales in March and the minimal inflation boost during that time. Bernanke also reiterated his pledge to keep interest rates low for an "extended period" to support the recovery.
During the meeting, Bernanke admitted to some mistakes regarding the Fed’s unclear role concerning consumer protection, The Economic Times reports.
"I can understand why some advocates would want to have a purely independent agency," he said. "While we have acknowledged being late on these issues, I do believe we should receive some credit forr a much better performance in recent years."
On April 13, a forum was held at the National Press Club in Washington, D.C., which discussed the influence of corporate special interests and big money on public policy and United States democracy. 
Last week, a United States court of appeals issued a ruling blocking the Federal Communications Commission’s (FCC) attempts to prevent internet service providers from restricting access to content, applications and services offered by competitors. Now, a group of journalist is pushing back, urging the FCC to reclaim its right to regulate broadband networks.
According to a recent Columbia University Medical Center study, consuming a healthy diet may help lower a person’s risk of developing dementia and Alzheimer’s disease later in life. 
In an effort to dismantle the conservative political group known as the Tea Party, officials with a national liberal organization said they are planning on infiltrating and crashing Tea Party demonstrations today. 
After several weeks’ analysis, the National Inflation Association (NIA) has concluded that the precious metals markets are currently being artificially suppressed by paper gold and silver that doesn’t physically exist, risking a major crunch when investors want to convert their paper into gold or silver. 
Despite complaints that those who legally use marijuana for medical purposes may risk losing their jobs, and despite evidence of broad public support for medicinal use of the drug, some activists have called the proposal "a silent killer" and suggested it should be defeated. 
A new Boston University study has found that women living in the Northeast are more likely to develop rheumatoid arthritis (RA) due to a lack of exposure to sunlight, suggesting a possible link between the condition and vitamin D deficiency. 
On the heels of the passage of his landmark healthcare reform bill, several newly released polls have found that President Obama’s approval ratings have fallen to new lows. 
In the days since Justice John Paul Stevens announced he will be retiring from the Supreme Court this year, the growing number of people who have expressed their views on his replacement suggest President Obama will be under tremendous pressure in deciding on the next nomination. 
Former Alaska Governor Sarah Palin was in New Orleans on April 9, where she delivered a fiery speech to the delegates gathered for the Southern Republican Leadership Conference (SRLC). However, she came short as a potential 2012 presidential nominee in a straw poll held in conjunction with the event. 
An increasing number of American couples are utilizing alternative therapy options in an effort to improve their chances of conceiving a child, a new study has found. 
On the eve of the Tea Party’s political rally in Michigan aimed at unseating Bart Stupak, the Democratic Representative announced April 9 that he will retire from the House in November, ending his 18 year run in Congress. 
Even though the Republican Party raised more money than the Democrats in February, the pattern seemed to reverse in March, leading some to wonder if this situation had anything to do with the recent scandals that rocked the GOP. 
Lawmakers in the Arizona House of Representatives have adopted a bill that, if signed by the state’s governor, will allow people to carry concealed weapons without a permit, making the currently required background checks and classes unnecessary. 
While admitting that he did make some mistakes during his tenure, Former Federal Reserve chairman Alan Greenspan defended his record last week, arguing that his policy of keeping interest rates low did not contribute to the financial collapse. 
New research suggests that pouring pure maple syrup on your next order of pancakes will do much more than just give you a sugar high.
A coalition of national and regional Tea Party groups has announced the formation of the National Tea Party Federation (NTPF). Its proclaimed goal is to send a unified message and media response on behalf of key leaders and its affiliates.
Individuals who develop an infection but would prefer to use a natural medication instead of a pharmaceutical drug may be interested to learn that essential oils have been shown to have anitbacterial properties. 
The United States Court of Appeals for the District of Columbia Circuit has backed the cable company Comcast in its dispute with the Federal Communications Commission (FCC), which accused the company of slowing some Internet traffic on its network. The ruling is seen as a blow to the government’s efforts to push through "net neutrality" regulations. 