Ben Bernanke

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Ben Bernanke

An economist who became Chairman of the Federal Reserve in 2005. He presided over the 2000s economic crisis, supervising the bailouts and forced mergers of a number of American financial institutions. He was both lauded and criticized for favoring an expansive monetary policy, which proponents claimed kept the American economy from collapsing in the crisis, but which others argued would lead to inflation. He is considered an expert on the Great Depression.
References in periodicals archive ?
She spent 12 years at the Board of Governors of the Federal Reserve, ascending to the role of Deputy Director of the Division of Banking Supervision and Regulation in 2006, in which she reported directly to Benjamin Bernanke, chairman of the Federal Reserve at the time.
central bank, Benjamin Bernanke, on Monday dismissed worries that the Federal Reserve's money printing is raising the likelihood of a global currency war.
Among them are Charles Rossotti and the Internal Revenue Service, Lillian Borrone and port commerce in New York and New Jersey, state tribal liaison Colleen Jollie, the values-based leadership of Admiral James Loy, Benjamin Bernanke and the Federal Reserve Bank, and Eli Rosenbaum and the Office of Special Investigations.
1) Benjamin Bernanke, "On Milton Friedman's Ninetieth Birthday," November 8, 2002.
Interestingly, Greenspan and Martin had something else, less noted, in common: both were succeeded by career academics, Greenspan by Benjamin Bernanke and Martin by Arthur Burns.
Benjamin Bernanke would like to put the Federal Reserve car on rails, with an inflation-targeting regimen that reduces discretion.
While seven out of ten affluent investors approve of the job that Alan Greenspan has done as Chairman of the Federal Reserve Board, fewer than half have heard of his successor, Benjamin Bernanke.
On Wednesday before the federal Financial Services Committee, Chairman Benjamin Bernanke echoed his predecessor's belief and added that "one might consider alternative ways of helping working-class Americans -- for example, the earned income tax credit which delivers money to working families without necessarily the employment effect.
Moreover, the nomination of White House economist Benjamin Bernanke as successor to Fed Chairman Alan Greenspan could virtually guarantee that interest rates will continue to rise as the Fed seeks to clamp down on inflation.