David Wessel of the Wall Street Journal reports that President Obama will re-appoint Ben Bernanke as Chairman of the Federal Reserve.
Excellent decision.
P.S. Don’t let this good news distract you from the much-less-good economic news on Tuesday: CBO and OMB are releasing new budget projections that will show trillions upon trillions of coming deficits.
I’m curious to know your opinion of Denis Hughes being appointed chair of The New York Fed and Lee Bollinger vice-chair?
Hi TB — Good question, but I am going to duck. I must admit to not yet knowing much about the two men. Thanks, –Donald