Political Capital

Posts tagged: Ben Bernanke

Sen. Elizabeth Warren (D-MA) with Sen. Joe Manchin (D-WV) during a confirmation hearing for Nominee for the Federal Reserve Board Chairman Janet Yellen before Senate Banking, Housing and Urban Affairs Committee on Nov. 14, 2013.

Photograph by Alex Wong/Getty Images

Sen. Elizabeth Warren (D-MA) with Sen. Joe Manchin (D-WV) during a confirmation hearing for Nominee for the Federal Reserve Board Chairman Janet Yellen before Senate Banking, Housing and Urban Affairs Committee on Nov. 14, 2013.

Manchin to Yellen Then: ‘Be Bold’ — Manchin to Yellen Today: ‘No’

Sen. Joe Manchin of West Virginia had a lot of nice things to say about Janet Yellen before voting against her today. The only Democrat to oppose her confirmation as Federal Reserve chair had this to say 15 days ago after a...

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(L-R) Rep. Rep. Mick Mulvaney (R-SC), Sen. John Barrasso (R-KY), Rep. Brett Guthrie (R-KY) and Sen. Rand Paul (R-KY) take a coffee break on the Senate steps on October 3, 2013.

Photograph by Mark Wilson/Getty Images

(L-R) Rep. Rep. Mick Mulvaney (R-SC), Sen. John Barrasso (R-KY), Rep. Brett Guthrie (R-KY) and Sen. Rand Paul (R-KY) take a coffee break on the Senate steps on October 3, 2013.

Paul: Yellen Fed Chairman ‘In All Likelihood’

Sen. Rand Paul, a Republican from Kentucky long critical of the Federal Reserve, predicted today that Fed Vice Chairman Janet Yellen will win  Senate confirmation to succeed Ben Bernanke as central bank chairman. Asked if Yellen will be confirmed, Paul...

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President Barack Obama nominates Janet Yellen to be the next chairman of the Federal Reserve, in the State Dining Room of the White House on Oct. 9, 2013.

Photograph by Andrew Harrer/Bloomberg

President Barack Obama nominates Janet Yellen to be the next chairman of the Federal Reserve, in the State Dining Room of the White House on Oct. 9, 2013.

Bloomberg by the Numbers: 74%

That’s the percentage of senators on the Banking Committee in 2010 who voted to confirm Janet Yellen for vice chair of the Federal Reserve. Yellen’s nomination was approved by a 17-6 vote in July 2010. The Senate confirmed her on...

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Janet Yellen listens as  President Barack Obama speaks during a press conference to nominate her to head the Federal Reserve in the State Dining Room at the White House on October 9, 2013 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images)

Janet Yellen listens as President Barack Obama speaks during a press conference to nominate her to head the Federal Reserve in the State Dining Room at the White House on October 9, 2013 in Washington, DC.

Yellen: Economy ‘Farther to Go’

Janet Yellen, President Barack Obama’s nominee to run the Federal Reserve, pledged today to pursue policies that will promote employment while keeping inflation in check for an economy that has “farther to go.” “The past six years have been tumultuous...

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A woman walks by a street painting of Frank Sinatra in Hollywood on August 15, 2013 in Los Angeles, California.

Photograph by Joe Klamar/AFP via Getty Images

A woman walks by a street painting of Frank Sinatra in Hollywood on August 15, 2013 in Los Angeles, California.

Fed’s Bernanke Did It His Way, Overstates ‘Regrets’ ala Sinatra

Ben Bernanke might never admit that he ever “bit off” more than he could chew, though certainly he has taken his “blows.” Yet the Federal Reserve chairman may have overstated any “regrets” after nearly two full terms, presiding over the...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve, sits before speaking at the Princeton Club in New York.

Photograph by Scott Eells/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, sits before speaking at the Princeton Club in New York.

Bernanke: Democrats Grown to Like Him, Republicans Turned Against

Ben who? The astoundingly public debate over a successor for Federal Reserve Chairman Ben Bernanke has crowded out what might be an appropriate time to assess the work of the Fed chairman who steered the American economy through the worst...

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President Barack Obama pauses while speaking in the South Court Auditorium of the Eisenhower Executive Building next to the White House in Washington, D.C., on Sept. 16, 2013.

Photograph by Andrew Harrer/Bloomberg

President Barack Obama pauses while speaking in the South Court Auditorium of the Eisenhower Executive Building next to the White House in Washington, D.C., on Sept. 16, 2013.

Obama’s Sun-Watching Fed-Watch

Anyone concerned that the White House’s nomination of a new Federal Reserve chairman is imminent had best look at the sun. Now that Larry Summers, a former economic adviser to President Barack Obama who was considered a top candidate to...

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Alan Greenspan, former Chairman of the Federal Reserve, in a scene from the award-winning documentary Money For Nothing: Inside The Federal Reserve.

Photograph by Britt Leckman/Courtesy of Liberty Street Films

Alan Greenspan, former Chairman of the Federal Reserve, in a scene from the award-winning documentary Money For Nothing: Inside The Federal Reserve.

‘Money for Nothing’ Examines Fed History in Harsh Light

A decade of “booms, bail-outs and easy money” comes under withering scrutiny in Jim Bruce’s “Money for Nothing: Inside the Federal Reserve.” The director’s debut feature (funded “in significant portion,” he says in a press release, through profits made on...

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Janet Yellen, vice chairman of the U.S. Federal Reserve, smiles before speaking at the American Economic Association's annual meeting in San Diego, California, on Jan. 4, 2013.

Photograph by Sam Hodgson/Bloomberg

Janet Yellen, vice chairman of the U.S. Federal Reserve, smiles before speaking at the American Economic Association's annual meeting in San Diego, California, on Jan. 4, 2013.

Summers Versus Yellen: What if the Senate Were Full of Economists?

President Barack Obama’s nominee to succeed Federal Reserve Chairman Ben Bernanke will have to win the backing of the Senate to take office. If the Senate were full of economists, it would be good news for Fed Vice Chairman Janet...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve, during his semi-annual monetary policy report to the House Financial Services Committee in Washington, D.C., on July 17, 2013.

Photograph by Pete Marovich/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, during his semi-annual monetary policy report to the House Financial Services Committee in Washington, D.C., on July 17, 2013.

Fischer Says Bernanke ‘One of the Great’ Fed Chairmen

Ben S. Bernanke will be “one of the great chairmen” in the Federal Reserve’s 100-year history, former Bank of Israel Governor Stanley Fischer said, adding that winding down asset purchases could be difficult. “It is a pretty tough thing getting out...

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