b********y
发帖数: 5829 | 1 Senate Banking Committee Chairman Chris Dodd said today that Ben Bernanke
cannot remain as chairman of the Federal Reserve if the Senate does not
confirm him by January 31 when his four-year term expires. In an interview
on CNBC, Dodd said Fed Vice Chairman Donald Kohn would take over as chairman
. Sen. Judd Gregg (R., N.H.) made the same point. The comments generated
some confusion on Wall Street, but the situation isn’t clear-cut.
This much is clear: A Fed chairman cannot automatically stay in | b********y
发帖数: 5829 | 2 The chairman of the FOMC, which sets interest rates, is
elected to a one-year term by the committee’s members at the group’s first
regular meeting of the year (January 26-27). When nominations are taken at
that meeting, the chairman of the board by custom is the only one nominated.
So Bernanke could remain as FOMC chairman even if Kohn had to be nominated
as chairman of the Federal Reserve Board. |
|
