Federal Reserve Board Chairman Ben Bernanke testifies as SEC Chairman Christopher Cox, Treasury Undersecretary for Domestic Finance Robert Steel and Timothy Geithner, president of the Federal Reserve Bank of New York (L to R) during a Senate Banking, Housing and Urban Affairs Committee hearing on the response by federal financial regulators to ongoing turmoil in U.S. credit and mortgage markets and the near collapse of Bear Stearns on Capitol Hill in Washington on April 3, 2008. (UPI Photo/Roger L. Wollenberg)