Readout of the President's Meeting with Chairman Bernanke

The President and Chairman Bernanke met today in the Oval Office to discuss the economy and global recovery. They were joined by Secretary Geithner, Chief of Staff Daley and NEC Director Sperling. The President and the Chairman discussed the outlook for the recovery and for jobs as well as fiscal issues, including the need to tackle long-term deficit reduction. They also discussed the situation in Europe. This was the third time the President met with the Chairman this year.