From Bloomberg: President Barack Obama said Federal Reserve Chairman Ben S.
Bernanke has stayed in his post “longer than he wanted,” one of the clearest
signals the central bank chief will leave when his current term expires next
year.
“Ben Bernanke’s done
an outstanding job,” Obama said in an interview with Charlie Rose that aired
yesterday, when asked about nominating him for another term subject to Senate
approval. “He’s already stayed a lot longer than he wanted or he was supposed
to.” Obama likened Bernanke’s tenure to
that of outgoing Federal Bureau of Investigation Director Robert Mueller, who
stayed on for two years after his term expired in 2011 and is leaving his post
in September. Bernanke’s second four-year stint at the central bank ends Jan.
31.
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