Word: bernankeã
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...grown increasingly unclear in the past week whether Bernanke??whose term as Federal Reserve chairman expires Sunday—can garner the needed 60 votes in the Senate to be reconfirmed...
While Stock blamed the Bush administration and Department of the Treasury for clumsy fiscal management of the economic crisis, he described Bernanke??s aggressive monetary policies as having “a strong theoretical foundation” and being “the right way to pursue the problem...
Columbia Economics Professor Joseph E. Stiglitz—who has more liberal leanings—said in an interview Monday that Bernanke??s economic philosophy was fundamentally flawed...
...steward of the nation's monetary policy, Bernanke??who went on to earn his doctorate from MIT and teach at Stanford and Princeton—kept interest rates aggressively low in order to stimulate borrowing and lending and expanded the role...
...maintains an excellent relationship with Summers. The position is considered to be a stepping stone to the Federal Reserve chairmanship, which is currently held by Ben S. Bernanke ’75. Richard Zeckhauser, Summers’ close friend and colleague at the Harvard Kennedy School, said that when Bernanke??s term expires in 2010, Obama will likely name Summers to take his place. “I’d be surprised if he weren’t seriously considered for it,” Zeckhauser said, adding that Summers could also end up in a senior...