Tuesday, August 25, 2009

President Obama Moves Early to Reappoint Bernanke



President Barack Obama on Tuesday announced plans to keep Federal Reserve Chairman Ben Bernanke in his job for another term.

I'm glad. Daniel K. Tarullo is not ready for prime time, in my humble opinion. Despite the opportunity the President had to appoint his own man to this hotseat of power, he chose a greater good. The cachet of credibility.