He said the request Exxon Mobil keep records on the spill was the "first step in determining what happened and preserving evidence for any future litigation".
In July, the woman in charge of determining which financial institutions are too big to fail will step down from her post as chair of the Federal Deposit Insurance Corporation.
The next step will be -- and, again, these tests will be important in determining those next steps -- is the decisions to attempt a kill using this blowout preventer or using this blowout preventer simply to assist the relief well drilling, containment and capping procedures.
To fully understand the risks that face Bernanke, the Fed and the U.S. economy, I invite you to take a step back from everything we know about monetary policy and observe the critical role of trust in determining the value of a currency and the future path of inflation and interest rates.