President OBAMA Re appoint Federal Reserve Chairman
US
President Barack Obama has re-appointed Ben Benanke
as chairman of the Federal Reserve.
Speaking from Marthar’s Vineyard President Obama
said Benanke took broad, wise and calm actions to
bring the American economy back from the brink.
He said the administration took necessary steps that
aided tax cuts, create jobs, kept the auto industry
alive and prevented credit market from collapse.
Ben Benanke an expert in the great depression was
first appointed chairman of the US Federal Reserve
in 2006.
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