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Obama Hints Fed Chairman May Be Leaving
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Obama Hints Fed Chairman May Be Leaving

Business

Obama Hints Fed Chairman May Be Leaving

Obama Hints Fed Chairman May Be Leaving
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President Obama has made the clearest hint yet that Ben Bernanke's time as chairman of the Federal Reserve may soon be up. In an interview that aired on PBS, Obama told Charlie Rose: "Ben Bernanke's a little bit like Bob Mueller, the head of the FBI, where he's already stayed a lot longer than he wanted or he was supposed to."

DAVID GREENE, HOST:

NPR's business news begins with Ben Bernanke's future.

(SOUNDBITE OF MUSIC)

GREENE: OK, President Obama has given the clearest hint yet, that Ben Bernanke's time as chairman of the Federal Reserve may soon be up. In an interview that aired last night on PBS's "Charlie Rose" program, the president said this...

(SOUNDBITE OF "CHARLIE ROSE" SHOW)

PRESIDENT BARACK OBAMA: I think Ben Bernanke's done an outstanding job. Ben Bernanke's a little bit like Bob Mueller, the head of the FBI...

CHARLIE ROSE, HOST:

Yeah.

OBAMA: ...where he's already stayed a lot longer than he wanted or he was supposed to.

GREENE: Maybe that's a hit. Bernanke's term expires early next year. The White House is said to be considering Deputy Fed Chair Janet Yellin as a replacement, as well as two former Treasury secretaries, Larry Summers and Timothy Geithner.

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