Biz, U.S.: Obama’s got Fed Reserve Chair Ben Bernanke’s back
- As an expert on the causes of the Great Depression, I’m sure Ben never imagined that he would be part of a team responsible for preventing another.
- President Barack Obama • In a speech this morning confirming that Bernanke would be reappointed to his post as Federal Reserve Chairman. It’s notable in one way – Bernanke’s a Republican, which means Obama’s got a bipartisan feather in his hat – but considering Bernanke’s predecessor, Alan Greenspan, stuck around for multiple administrations, maybe it’s not. But then again, Greenspan didn’t have the mess that Bernanke’s dealing with. Either way, go Ben! • source