Janet Yellen was put on the spot about whether she made a mistake in raising interest rates in December. Ben Bernanke was quizzed about what it felt like to be called a traitor by the governor of Texas.
Alan Greenspan was asked if he purposely sought to confuse Congress with his answers. And Paul Volcker was queried about being hung in effigy after he pushed interest rates to levels not seen since the Civil War.
The event was an unprecedented gathering of leaders of the Federal Reserve — past and present — to discuss what it feels like to hold what is considered the world's most powerful economic policy-making job.
The four Fed leaders appeared Thursday...