Journal 58 - Ben Bernanke a chief Federal Reserve System

Ben Bernanke, an American economist, became chairman of the Board of Governors of the Federal Reserve System in 2006. The Federal Reserve System is commonly called Fed. It is a independent federal agency that directs the United States banking system; it helps control the nations interest and money supply. Dr. Bernanke was appointed by President G. Bush and he to succeed Alain Greenspan. I remember Alan Greenspon's activity. He retired after serving as Fed chairman for 18 years.