WASHINGTON-Federal Reserve Board Governor Ben S. Bernanke took the oath of office again Nov. 14 for his new term on the board. Fed Chairman Alan Greenspan administered the oath in his office, with Bernanke’s wife, Anna and children Alyssa and Joel present. President George W. Bush announced his intention to nominate Bernanke Sept. 9 and the Senate confirmed him Oct. 24. He originally took office on Aug. 5, 2002 to fill an unexpired term; his new term begins Feb. 1, 2004 and expires Jan. 31, 2018. Bernanke holds a B.A. in economics in 1975 from Harvard University (summa cum laude) and a Ph.D. in economics in 1979 from the Massachusetts Institute of Technology. Before becoming a Fed governor, Bernanke was a professor of Economics and Public Affairs and chair of the Economics Department at Princeton University.

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