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Federal Reserve Chairman Ben S. Bernanke testifies on Capitol Hill in Washington on Wednesday, Feb. 27, 2013, before the House Financial Services Committee. (AP Photo/Carolyn Kaster)

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This photo taken on Thursday, Jan. 19, 2012, near Frederick, Colo., shows an oil pump jack working on a property across from a subdivision. Colorado that week passed what it touted as one of the toughest statewide regulations of energy drilling in the nation, a sign of a growing backlash against an oil and gas boom that has moved from far-flung rural areas to densely-populated urban ones. The state's new regulations require a 500-foot setback from houses for all new energy projects and other regulations geared toward areas like the Denver suburbs that are increasingly being targeted for natural gas and oil drilling. (AP Photo/Ed Andrieski)

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Leaning to hear a reporter's question, Senate Majority Leader Harry Reid, Nevada Democrat, talks Feb. 26, 2013, about the looming automatic spending cuts following a Democratic strategy session on Capitol Hill in Washington. (Associated Press)

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**FILE** House Speaker John Boehner, Ohio Republican, wraps up a news conference Feb. 26, 2013, on Capitol Hill in Washington, where he and GOP leaders challenged President Obama and the Senate to avoid the automatic spending cuts set to take effect four days later. (Associated Press)

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Wells Fargo reported record net income of $18.9 billion in 2012, which was up 19 percent from 2011. During the fourth quarter, the bank had record net income of $5.1 billion. The Federal Deposit Insurance Corp. attributes banking’s successful year to higher income and lower provisions for loan losses. (Associated Press)

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Dominique Strauss-Kahn (left), former International Monetary Fund chief, leaves a Paris courthouse on Tuesday, Feb. 26, 2013, after filing a lawsuit over a new book about a past relationship. (AP Photo/Christophe Ena)

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**FILE** House Appropriations Committee Chairman Rep. Hal Rogers (left), Kentucky Republican, testifies before the House Rules Committee at the Capitol in Washington on Jan. 14, 2013. (Associated Press)

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Terry Lundgren (center), Macy's chairman, president and CEO, arrives at New York State Supreme Court in New York on Monday, Feb. 25, 2013, to testify in a trial that pits the department store chain against rival J.C. Penney Co. over a partnership with home diva Martha Stewart. (AP Photo/Seth Wenig)