Expanded unemployment insurance has been successful in stabilizing household incomes.
The Fed chair also encouraged lawmakers to consider extending support for unemployed Americans.
As expected, the Fed said it will keep rates low and continue quantitative easing in the near term.
The Fed's weekly balance sheet update showed its holdings of ETFs continued to grow over the past week
Pay cuts for Americans who’ve managed to hold onto their jobs may hobble the return to normal.
“The recovery may take some time to gather momentum," the Fed chairman said.
Elsewhere, the three presidents said it’s unlikely the Fed will rely on negative interest rates anytime soon.
Treasuries resumed rising and stocks pared losses after the surprise announcement.
"The U.S. economy can operate at a much lower level of unemployment than many would have thought,” he told Congress.
The Fed sees strength in the domestic economy after three rate cuts.
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