Fed won't bail Europe out, Bernanke tells lawmakers
"We're all concerned, is the American taxpayer going to be bailing out European nations and banks," Senator Lindsey Graham told reporters after a meeting with the Fed chairman.
"He said, no, he doesn't have the intention or authority to do that," Graham said.
(Reporting By Mark Felsenthal and Pedro Nicolaci da Costa; Editing by Chizu Nomiyama)