“For the first time, he will be recounting his experience in the troubling days of 20 as the world banking system seemed close to collapse, and then how, with an increasingly dysfunctional Congress preventing any significant fiscal policy options, it fell mainly to the Federal Reserve and to the Fed’s monetary policy to fight and remedy the biggest economic downturn since the Great Depression,” McFeely said in a statement. Drake McFeely said Bernanke, as Fed chairman and a leading economic historian, “has had an unequaled perspective on the American economy since 2006.”
He was appointed to two four-year terms as chairman, starting in 2006, and was succeeded by Janet Yellen.
Bernanke, 60, served on the Fed from 2002 until this year.
0 kommentar(er)
