President Bush nominates Ben Bernanke to lead the Federal Reserve after Chairman Alan Greenspan steps aside in early 2006. Bernanke is the chairman of the Council of Economic Advisers at the White House. He is also a former member of the Board of Governors of the Federal Reserve. Bernanke taught economics at Princeton University, where he also chaired the economics department.
Guests: John Ydstie, NPR economics correspondent
David Greene, NPR White House correspondent