August 25, 2009
IT'S NOT LIKE HE HAD ANY CHOICE...:
Obama to Reappoint Bernanke as Fed Chief: Signs of Economic Recovery Cited by President's Chief of Staff; Central Banker's Renomination Requires Senate Confirmation (JON HILSENRATH, DAVID WESSEL and SUDEEP REDDY, 7/24/09, WSJ)
President Barack Obama will announce the nomination of Ben Bernanke to a second term as Federal Reserve chairman on Tuesday, opting for continuity in U.S. economic policy despite criticism in Congress of the low-key central banker's frantic efforts to rescue the financial system.
...but it's still amusing to watch him follow W. Posted by Orrin Judd at August 25, 2009 6:31 AM
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