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Ben Bernanke stepped down as the chairman of the Federal Reserve in January. He told an audience in Chicago on Thursday that he has had trouble refinancing his home.
October 3, 2014 The former Fed chair told an audience in Chicago that he was unable to refinance his home loan, adding that lenders "may have gone a little bit too far on mortgage credit conditions."
The main branch of the New York Public Library in New York City.
May 8, 2014 Also: Remembering environmentalist and author Farley Mowat; Tom Sleigh has a new poem in Poetry magazine.
Ben Bernanke is seen leaving his Washington, D.C., office on Jan. 31, his last day as chairman of the Federal Reserve.
Saul Loeb/AFP/Getty Images
February 25, 2014 Also: The man behind the infamous @GSElevator twitter account is outed by The New York Times; Neil Young has a deal for a second memoir; Chimamanda Ngozi Adichie condemns Nigeria's anti-gay laws.
Janet Yellen smiles Monday before being sworn in as Federal Reserve Board chair at the Federal Reserve in Washington, D.C.
February 3, 2014 Ben Bernanke, who saw the country through a recovery from the worst financial crisis since the Great Depression, will join Brookings' Hutchins Center on Fiscal and Monetary Policy.
Janet Yellen, who is poised to move from the No. 2 to the No. 1 post at the Federal Reserve.
Alex Wong/Getty Images
December 20, 2013 Janet Yellen would be the first woman to head the central bank. On Friday, the Senate voted to head off any potential filibuster of her nomination. A confirmation vote is scheduled for Jan. 6.
Janet Yellen during her confirmation hearing earlier this month. She's expected to win Senate approval to take over as head of the Federal Reserve.
Brendan Smialowski /AFP/Getty Images
November 21, 2013 If confirmed by the full Senate in December, Janet Yellen would become the first woman to lead the central bank. She's currently the Fed's vice chairman. Analysts do not expect major policy shifts after the departure of current Chairman Ben Bernanke.
November 14, 2013 Janet Yellen, President Obama's nominee to head the Federal Reserve, has her confirmation hearing Thursday. Before she spoke, there was word that the number of first-time claims filed for jobless benefits fell only slightly last week.
September 26, 2013 We ask a former Fed economist: What does the chairman actually do? The short answer: Runs the meetings. Turns out, this is actually a big deal.
Federal Reserve Board Vice Chairman Janet Yellen is considered a top candidate to replace Ben Bernanke now that Lawrence Summers has withdrawn his name for contention for the Fed's top job.
September 16, 2013 Lawrence Summers took himself out of the running. Now the focus turns to whether Obama will pick Federal Reserve Vice Chairman Janet Yellen to be the first woman to run the central bank.
July 17, 2013 The central bank's latest "Beige Book" review of conditions around the nation adds to evidence that the economy continues to chug along.
Federal Reserve Board Chairman Ben Bernanke speaks during a news conference at the Federal Reserve in Washington, D.C., last month.
Alex Wong/Getty Images
July 17, 2013 The Federal Reserve Chairman continued to soothe investors, saying the Fed would not wind down its bond-buying program until economic conditions improve.
A surge in prices at the pump fueled inflation in June.
Jonathan Fickies /Landov
July 12, 2013 A surge in the cost of gasoline fueled a sharp increase in wholesale prices last month. Meanwhile, Bloomberg News is reporting that former Treasury Secretary Lawrence Summers wants to be the next chairman of the Federal Reserve.
July 11, 2013 Stocks surged Thursday after the chief of the Federal Reserve sent signals that the central bank wasn't in a hurry to stop helping the economy. The Standard and Poor's 500 Index closed at a record high.
Federal Reserve Chairman Ben Bernanke. (2010 file photo.)
Tim Shaffer /Reuters /Landov
June 3, 2013 At Princeton's commencement, the central bank chief mixed in some humor with his advice. He even quoted comedienne Lily Tomlin. That's not your typical "Fed speak."
December 7, 2012 Metaphors can be great for framing the urgency of a problem, but what do you do when the image isn't accurate? If you are the president or a Republican Congressional leader, you keep hammering with the metaphor anyway. It's all Ben Bernanke's fault.
Give us a sign.
September 13, 2012 The Fed has the power to create money. But it has another, critical power: The power of words.
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In Phoenix earlier this month, workers were framing this new home.
July 18, 2012 At an annual rate of 760,000, ground-breaking for construction of single-family homes, apartments and condominiums the pace rose 6.9 percent in June from May
July 17, 2012 Though the central bank expects "moderate" economic growth in coming quarters, Bernanke offers a sober assessment of current conditions. But there is brighter news: Home builders say they're growing more confident about the housing sector's recovery.
A word cloud of Federal Reserve Chairman Ben Bernanke's prepared testimony to the congressional Joint Economic Committee.
June 7, 2012 The Federal Reserve chairman sees reasons for growth to continue. But he warns that automatic spending cuts and the expiration of the so-called Bush tax cuts threaten to derail the recovery.
June 7, 2012 The Federal Reserve chairman talks about the outlook for the economy this morning. Investors will listen closely for clues to the Fed's plans.
Federal Reserve Chairman Ben Bernanke during his congressional testimony today.
Chip Somodevilla/Getty Images
February 29, 2012 Five years ago on the last day of February, he told Congress the economy's fundamentals were strong. On this last day of February 2012, he predicted that inflation will remain in check.
Federal Reserve Chairman Ben Bernanke during his news conference this afternoon.
Win McNamee/Getty Images
January 25, 2012 The central bank also says it likely won't be switching gears and nudging interest rates higher until at least 2014. Fed Chairman Ben Bernanke concedes its longer-term forecasts are "a best guess."
June 8, 2011 There's always a trade off in finance between safety and economic growth. Fed Chairman Ben Bernanke and JPMorgan CEO Jamie Dimon square off.
January 7, 2011 But the Fed chairman says economic growth is likely to remain too slow to significantly boost job growth -- and that the nation's unemployment rate will likely still be at 8 percent or above two years from now.
December 8, 2010 Bernanke contradicted himself on the same news show inside a year regarding the Fed's "printing money." The central banker told 60 Minutes a year ago the Fed was printing money. Now he says it isn't -- and blames it all on a myth.
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