Ben S. Bernanke arrived at the Brookings Institution to begin the next chapter in his professional life, the first workday after ending an eight-year term leading the Federal Reserve through crisis and recession.
Ben S. Bernanke gave Princeton University students advice on subjects from success to love, quoted St. Luke and Forrest Gump and urged graduating seniors to view money as a means, not an end, and to choose a life partner with care.
In November 2009, Senate Banking Committee Chairman Christopher Dodd advanced a radical proposal: to create a super-regulator that would take over most of the bank supervision that had been done by the Federal Reserve System, the Federal Deposit Insurance Corp. and other agencies.
Since Federal Reserve Chairman Ben S. Bernanke in September began a third round of asset purchases aimed at lowering interest rates and spurring growth, bond yields have climbed. The trend may signal that his program is working.