Topic - Ben S. Bernanke

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  • FILE - In this Nov. 14, 2013, file photo, Federal Reserve Board Chair nominee Janet Yellen testifies on Capitol Hill in Washington before the Senate Banking Committee hearing on her nomination. Democrats begin a drive this week to muscle a half dozen of President Barrack Obama's Republican-opposed nominees through the Senate after clamping shackles on traditional minority party rights in last month's power play against the GOP. Republicans, however, still have some tools for grinding the Senate's work to an excruciatingly slow crawl. (AP Photo/Jacquelyn Martin, File)

    Senate confirms Yellen as next Fed chairman

    The Senate Monday voted 56 to 27 to confirm Federal Reserve Board vice chairman Janet Yellen as the next chairman, succeeding Ben S. Bernanke when he departs Jan. 30.

  • Yellen

    Yellen is handed reins to Fed in bumpy ride to end stimulus

    With the Senate's approval Monday of Janet Yellen to become the first female Federal Reserve chair at the end of the month, she takes on the difficult mission of smoothly ending the unprecedented $4 trillion of stimulus programs launched by her predecessor, Ben S. Bernanke.

  • Federal Reserve Chairman Ben Bernanke speaks during a news conference at the Federal Reserve in Washington, Wednesday, Dec. 18, 2013. The Fed will begin to reduce bond purchases by $10 billion in January because of a stronger U.S. job market.(AP Photo/Susan Walsh)

    LAMBRO: Faint hope from dodgy economic numbers

    The Federal Reserve's long-delayed decision to start pulling back from its multi-trillion-dollar stimulus program was filled with self-doubts about the still-shaky Obama economy.

  • Federal Reserve Chairman Ben Bernanke speaks during a news conference at the Federal Reserve in Washington, Wednesday, Dec. 18, 2013. The Fed will begin to reduce bond purchases by $10 billion in January because of a stronger U.S. job market.(AP Photo/Susan Walsh)

    Federal Reserve surprises with pullback on bond stimulus plan

    Citing underlying strength in the recovering U.S. economy, the Federal Reserve surprised world financial markets Wednesday by cutting back its bond purchase program by $10 billion a month in 2014.

  • POWELL: The Fed's scandalous monetary policy

    As the vote on Obamacare approached in 2010 — a year when the budget deficit was a staggering $1.3 trillion — the Democratic majority ignored the opposition's concerns about the costs and unintended consequences of restructuring the entire health care system.

  • Janet Yellen, President Obama's choice to succeed Ben S. Bernanke as head of the Federal Reserve, heads to Capitol Hill on Thursday for her confirmation hearing in front of the Senate Banking Committee. Ms. Yellen, a labor economist, is the current vice chairwoman at the Fed. (ASSOCIATED PRESS)

    Yellen to call for no change in Fed policy

    Janet Yellen, President Obama's pick to be the next head of the Federal Reserve, is vowing to maintain the central bank's ultra-easy policies on interest rates until she sees more convincing growth in the economy and job market, in prepared testimony to be delivered at her Senate confirmation hearing Thursday.

  • Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System, smiles as President Barack Obama speaks in the State Dining Room of the White House in Washington, Wednesday, Oct. 9, 2013, where the president announced he is nominating Yellen to be chair of the Federal Reserve, succeeding Ben Bernanke. (AP Photo/Pablo Martinez Monsivais)

    Obama makes it official: Yellen to head Fed

    From Capitol Hill to Wall Street, Janet Yellen is receiving strong early support as she looks to take over for Ben S. Bernanke as the first chairwoman of the Federal Reserve starting in 2014.

  • President Obama nominated Janet Yellen, a loyal lieutenant of Federal Reserve Chairman Ben S. Bernanke, to become the first woman to head the century-old central bank on Wednesday.

    Fed future: Janet Yellen to be nominated as Ben Bernanke's replacement

    President Obama on Wednesday will nominate Janet Yellen, a loyal lieutenant of Federal Reserve Chairman Ben S. Bernanke and an economist dedicated to improving the nation's job prospects, to become the first woman to head the century-old central bank.

  • EDITORIAL: The too-powerful Fed

    President Obama is been shopping for a replacement for the chairman of the Federal Reserve, to be installed once Ben S. Bernanke rides into the sunset in January. Given the names floated so far, the printers where the currency presses are shouldn't count on a break any time soon.

  • LAMBRO: Five years of financial failure

    Federal Reserve Board Chairman Ben S. Bernanke sent President Obama a report card this week, giving him another failing grade on the economy.

  • "Sober minders" are being hired on Wall Street to keep those at the highest positions of power to refrain from their vices. (Associated Press)

    Stock markets celebrate, but Fed finds reasons to worry about fiscal policy

    The Federal Reserve on Wednesday pleasantly surprised financial markets by deciding not to start withdrawing the easy money policies it has maintained since the Great Recession of 2007-2009.

  • Illustration by Greg Groesch for The Washington Times

    DIBACCO: Addicted to financial props

    The best analogy that comes to mind regarding the Federal Reserve's propping up the American economy by buying large amounts of securities, or quantitative easing, is that of a baby's history.

  • **FILE** Federal Reserve Chairman Ben S. Bernanke speaks during a news conference in Washington on March 20, 2013. (Associated Press)

    EDITORIAL: Bernanke's mood ring

    Financial markets waited breathlessly to digest the latest pronouncement of Federal Reserve Chairman Ben S. Bernanke. They were anxious to learn how long he would keep printing greenbacks to "stimulate" the economy.

  • **FILE** Federal Reserve Chairman Ben S. Bernanke speaks during a news conference in Washington on March 20, 2013. (Associated Press)

    Bernanke: Fed could keep cash infusion going

    The Federal Reserve might put off its plans to stop infusing cash into world financial markets in the middle of next year if Congress enacts further deep budget cuts that prevent a pick-up in economic growth, Fed Chairman Ben S. Bernanke told a congressional hearing Wednesday.

  • A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

    Stocks edge up as Fed Chairman Ben Bernanke reassures on stimulus

    Stocks edged higher in midday trading Wednesday after several major companies reported earnings gains and Federal Reserve Chairman Ben S. Bernanke said the central bank had no firm timetable for cutting back on its bond purchases.

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