BenBernanke News

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Greenspan and the Economic Blame Game

(April 7) -- Who to blame and what to change? The tornado of economic arguments swirling around Washington these days addresses both failures that led to the recent financial crisis and the legislating of new rules aimed at preventing the next one. It shouldn't be surprising that a dominant player in all things economic...

Bernanke Confirmed for Second Term at the Fed

(Jan. 28) -- The Senate on Thursday confirmed Ben Bernanke to a second term as chairman of the Federal Reserve by a strong majority just three days before his current tenure expired, ending a surprisingly tenacious confirmation process that underscored widespread anger at the government's response to the financial...

Ben Bernanke's Confirmation Clears Key Hurdle

WASHINGTON (Jan. 28) - Ben Bernanke has cleared a crucial hurdle in the Senate that assures his confirmation to a second term as chairman of the Federal Reserve. The Senate voted Thursday to overcome a filibuster that would have doomed his nomination. The Senate will now move to a final confirmation vote. Bernanke came...

For Washington, It's All About the Economy

(Jan. 25) – Once again, it is all about the economy. That political truth has again emerged as the most politically resonant theme in Washington, from the Obama White House crafting its first State of the Union address to a nominally nonpartisan Federal Reserve under fire from both ends of the political spectrum to...

White House Confident of 2nd Term for Bernanke

White House officials expressed confidence Sunday that the Senate will vote to confirm Federal Reserve Chairman Ben Bernanke for a second term despite a public backlash about Wall Street and handling of the nation's financial industry that has unsettled some lawmakers.

BenBernanke News From AOL

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BenBernanke News From the Web

05/24/12 Bernanke To Testify Before Congress June 7 Source: Dow Jones Business News (via NASDAQ) WASHINGTON -(Dow Jones)- Federal Reserve Chairman Ben Bernanke will testify before the Joint Economic Committee on June 7, the committee announced Thursday.
05/24/12 U.S. Fed's Dudley eyes costs of more policy easing Source: Reuters The Federal Reserve would not want to ease policy more - including another round of quantitative easing - if U.S. economic growth continues to eat into "slack" in the economy including unused labor, an influential Fed official said on Thursday.
05/24/12 Has independent central banking jumped the shark? Source: Daniel W. Drezner As European leaders meet -- again -- to figure out what to do about the Eurocrisis, Business Insider's Pascal-Emmanuel Gobry fires a broadside at the entire edifice of independent central banks: If one myth has been slain by the financial crisis and the response to it, it's the idea that central banks ought to be independent and unaccountable politically.
05/24/12 QE3 Watch Source: The Big Picture Whether one believes that Bernanke's mandate mission in life is to 'save the banking system', 'reflate asset prices', 'devalue the USD' â all of which seem to err on the side of inflation (and ultimately hyper-inflation once the trust is gone); it seems more critical to focus on the other side of the coin â deflation.
05/24/12 Obama Attacks and Distracts as Economic Cliff Looms Source: U.S. News & World Report "How Apple Sidesteps Billions in Taxes: Funneling Earnings to Low-Tax Regions."