Ben S. Bernanke

  • Credit Unions May Face a Taxing Dilemma

    As the nation's budget deficit continues to grow, the government may be looking for new sources of revenue. Therefore, formerly sacred cows such as credit unions' tax-exempt status may go the way of VCRs and rotary phones.

  • Bernanke Says Interest Rates Will Remain Low

    Low inflation and a sluggish economy are "likely to warrant exceptionally low levels of the federal funds rate for an extended period," Federal Reserve Chairman Ben S. Bernanke told the House Banking Committee today.

  • Kohn to Retire from Fed Board in June

    Saying it has been "an honor to be able to serve my country at the Federal Reserve," during a 40-year career as a staff member and board member, Federal Reserve Vice Chairman Donald L. Kohn informed President Obama today that he will retire on June 23.

  • Bernanke Survives Procedural Vote

    Federal Reserve Chairman Ben S. Bernanke came one step closer to a second term this afternoon when the Senate voted 77-23 to end the debate on his confirmation.

  • Senate Confirms Bernanke for Second Term

    After considerable arm twisting by the White House, the Senate today confirmed Federal Reserve Chairman Ben S. Bernanke for a second term as head of the nation's central bank.

  • Senate Likely to Vote on Bernanke Confirmation This Week

    The Senate is likely to vote this week on the confirmation of Federal Reserve Chairman Ben S. Bernanke for a second term and there appears to be increasing support for him among lawmakers.

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