The shift of economic decision making will soon change. Bush's federal reserve Chairman-designate Ben Bernanke will soon be taking the reins of what some may say is arguably the most powerful position in America. The question becomes: what can we expect from him? Is he good for economic prosperity or not. He certainly has big shoes to fill. My initial reaction is I'm a bit nervous at his lack of real world experience. Time will tell as the senate banking committee hearing is set for Nov 15th and he will start his new job on Jan 31 st.
Filed under:Greenspan,Bernanke,Bush.
1 comment:
He's gotten a very positive response from the financial world - stocks rose when he was announced. Even the smarter Dems like him.
He must have been good, or there would have been media stories 'questioning' Bush's pick.
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