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Public Statements

On the Nomination of Ben Bernanke to be Federal Reserve Chairman

By:
Date:
Location: Washington, DC


On the Nomination of Ben Bernanke to be Federal Reserve Chairman

Alan Greenspan has served our nation through some of the best and worst economic times in our history, and he has done so with utmost integrity and respect. We owe him a debt of gratitude for his tried and true service.

If confirmed as his predecessor, Ben Bernanke will institute policies on interest rates and inflation that will directly affect the wallets of millions of consumers and businesses. I hope his confirmation hearings will provide insight into how he believes the Federal Reserve should keep inflation in check, act as an independent entity, and guide job growth and the economy in a positive direction. I am also interested to learn his views on matters that come before Congress, such as exploding budget deficits, increasing energy costs, Social Security and tax reform, and how he believes these pieces of the puzzle fit together in order to provide for financial stability and a healthy economy.

http://pryor.senate.gov/newsroom/details.cfm?id=247633&&

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