Congress questions Fed Chair over his role in Merrill Lynch bailout

Today, Federal Reserve Chair Ben Bernanke was in the hot seat as he answered questions from a House of Representatives oversight committee, about the government’s involvement in the purchase of Merrill Lynch by Bank of America. Committee members say Bernanke pressured Bank of America CEO Ken Lewis, to go through with the Merrill Lynch deal even though he didn’t want to, causing what was supposed to be a private deal to become a $20 billion bailout.  FSRN´s Karen Miller reports.