Ben bernanke biography economist
Ben s bernanke - federal reserve history...
Who Is Ben Bernanke?Ben bernanke biography economist
Why Is He Important?
Ben Bernanke was the chair of the board of governors of the U.S. Federal Reserve from 2006 to 2014. Bernanke took over the helm from Alan Greenspan on Feb. 1, 2006, ending Greenspan's 18-year leadership at the Fed.
A former Fed governor, Bernanke was chair of the U.S.
President's Council of Economic Advisors prior to being nominated as Greenspan's successor in late 2005.
Key Takeaways
- Ben Bernanke is a former Federal Reserve chair, serving from 2006 to 2014.
- As Fed chair, Bernanke oversaw the central bank's response to the 2008 financial crisis and the Great Recession.
- Bernanke succeeded Alan Greenspan and was replaced by Janet Yellen.
- Bernake introduced several strategies, including quantitative easing, to boost the U.S.
economy during the 2008 recession.
- Critics argue that Bernake flooded the economy with too much money, contributing to inflation and increased debt.
Early Life and Education
Born Benjamin Shalom Be