Word: ben
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...with a strong chance of winning confirmation. Key Democrats on the Senate Finance Committee, which must approve Bernanke's nomination, have already given his candidacy a cautious welcome. "We need a careful, non-ideological person who understands that the Federal Reserve's main job is to fight inflation, and Ben Bernanke seems to fit that bill," said Sen. Charles Schumer, who sits on the panel. Schumer did criticize Bernanke, however, noting that as top White House economic advisor he had come out in favor of the extending the Bush tax cuts at a time when a "a voice for fiscal...
...Ben Bernanke left little doubt that, if confirmed to succeed Alan Greenspan as chairman of the Federal Reserve, he'll have no problems talking to Wall Street. His "top priority," he said in accepting the nomination Monday, would be to "maintain continuity with policies" put in place during Greenspan's widely hailed 18-year tenure. That's just what traders wanted to hear. Stock prices were floating higher already in the wake of some good corporate earnings reports and falling energy prices. But the appointment of Bernanke, 51, fueled more buying in the afternoon (the Dow closed up 169.78 points...
...Ben S. Bernanke ’75, President Bush’s top economic adviser, was tapped today to replace Alan Greenspan as chairman of the U.S. Federal Reserve Board...
...Ben Bernanke is the right man to build on the record Alan Greenspan has established,” Bush said, praising the nominee’s “record of excellence as both an academic and policy maker...
...think the big difference between them as central bankers will be that Greenspan was Mr. Flexibility and Ben Bernanke is more likely to state a position and stick with it,” Solow added...