Don't Forget to Ask...
Wednesday the Senate committee votes to confirm Ben Bernanke (disclaimer: my old Macro professor) as Fed Chief.
Latest News and Financial Information from Reuters.com - Bernanke sees Fed mandate for jobs, stable prices :
"At a hearing of the Senate Banking Committee on his nomination as Fed chairman, the White House economic adviser pledged to be independent of politics and expressed confidence in the economy's vigor despite recent hurricanes."
I wonder if anyone bothered to ask him if that included statements about policy choices such as tax cuts, benefit cuts to Social Security, and plans like privatization? Seems to me Greenspan could have used a primer on the Fed Chief's role in that regard.
Latest News and Financial Information from Reuters.com - Bernanke sees Fed mandate for jobs, stable prices :
"At a hearing of the Senate Banking Committee on his nomination as Fed chairman, the White House economic adviser pledged to be independent of politics and expressed confidence in the economy's vigor despite recent hurricanes."
I wonder if anyone bothered to ask him if that included statements about policy choices such as tax cuts, benefit cuts to Social Security, and plans like privatization? Seems to me Greenspan could have used a primer on the Fed Chief's role in that regard.
posted by EPE | Link:11/15/2005 10:42:00 PM
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