Journal 60 - Ben Bernanke replaced Alan Greenspan

A position chairman of the Board of Governors of the Federal Reserve System is very important and prestigeous. I have written before that Alan Greenspan occupied that position for 18 years. The USA is a powerful country and plays an important role in the global economic politics. Alain Greespan was a well known official in the world. Greespan's successor Ben Bernanke was appointed FRS Board's chairman only in 2006.
Ben Shalom Bernanke is 54 years old. He graduated from Harvard University. In 1979, he received a Ph.D. degree in economics from Massachusetts Institute of Technology (MIT). From 1985 to 2002, he served as a professor of economics at Princeton Universtiy, Stanford University, MIT and New York University. Ben Bernanke is the author of several books about economics and economic history. Bernanke became a member of the Fed's Board of Governors in 2002, and its chairman in 2006.