2013/6/27

White House seeks a successor to replace Ben Bernanke


The White House is looking for a successor to President of the Federal Reserve Ben Bernanke, because it is not expected that it remains at his post at the end of his term, which ends in January, reported Thursday 27 June the Wall Street Journal.

Although Bernanke has never said publicly if he wished to remain at the head of the Federal Reserve, the Treasury Secretary Jacob Lew, is currently developing a list of possible candidates for this position, with the with officials from the White House, said the business daily, citing sources familiar with the matter. Advisers to President Barack Obama has already raised the issue with elected Senate, which must confirm the appointment of the new head of the Fed.

The future of Mr. Bernanke been much speculation since Obama said in mid-June that the Fed chairman had made "outstanding" work, but it was "already stayed longer in this position he wanted and he was supposed to stay. "

Deemed university recognized specialist crisis of the 1930s, Bernanke, 59, had been appointed to succeed Alan Greenspan as head of the Fed in 2006 by President George W. Bush before being confirmed for a second term in 2010 by Barack Obama.

Even if he left the head of the central bank, the 14th president of the Fed remain a member of its Board of Governors until January 2020. The Vice-President of the Fed, Janet Yellen, is actuates ...