A day after giving Senators his views on what's next for the U.S. economy, Federal Reserve Chair Ben Bernanke does the same before a House committee today.

Bernanke's message on Tuesday was basically that the feds need to keep acting to fix troubles in the markets and with the banking system.

"It's going to take a bit of time - and resources - to make sure that these institutions and markets are functioning again," Bernanke said.

"If the financial system is dysfunctional, then the economy can't recover," Bernanke said bluntly.

Bernanke faced a bit of criticism over how much intervention there will be in the banking system, as he rejected the idea that there will be a nationalization of U.S. banks.

How long will our current economic troubles persist?  Bernanke said he could see the current downturn ending by next year.

But he quickly added, that could happen only if the feds are able to turn around both the banking system and the markets.

As of now, no one has a corner on what the answers are to those troubles.