Ben Bernanke

Economist Jon Faust, a former senior advisor to Fed Chair Jerome Powell, believes that the equations surrounding a rate cut are now fundamentally altered as tensions flare in the Middle East. What Happened: Faust, an economist who has advised former chairs Ben Bernanke and Janet Yellen before...

Betsey Stevenson, a former economic adviser to former President Barack Obama, has challenged the notion that undocumented immigrants are readily obtaining mortgages in the United States. What Happened: Stevenson, now an economist at the University of Michigan, took to X, formerly Twitter, to...

Sen. Rick Scott (R-FLa.) on Tuesday took aim at Federal Reserve Chair Jerome Powell for the problems with the central bank’s balance sheet. Powell Cops The Blame: It is Powell along with his predecessors, namely Janet Yellen and Ben Bernanke, who are to blame for the Fed’s bloated...

Current Fed Chair Jerome Powell and former Fed Chair Ben Bernanke both appeared at the Thomas Laubach Research Conference on Friday, offering monetary policy remarks.  "Price stability is the cornerstone of an economy" Powell said in his opening comments, adding that the...

Tesla CEO Elon Musk took to Twitter to recall the Federal Reserve's lowering interest rates in the aftermath of the 2007-09 Great Recession. The billionaire also recounted how his flagship electric vehicle venture received timely help back then. What Happened: Sharing a chart of the Fed funds...

Cryptocurrency enthusiasts have voiced a petition on Twitter to have the Nobel Memorial Prize in Economic Sciences awarded to Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC). This comes days after the Royal Swedish Academy of Sciences announced three recipients of the...

Former U.S. Federal Reserve Chair Ben Bernanke, along with Douglas W. Diamond and Philip H. Dybvig, has been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — popularly known as the Nobel Prize for...

Federal Reserve Chair Jerome Powell was among the most anticipated speakers at the Economic Symposium in Jackson Hole, Wyoming Friday. Here’s a look at what Powell said in the fight against inflation. What Happened: Powell said the Federal Reserve’s goal remains getting...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 28, 2007, Federal Reserve Chairman Ben Bernanke assured Congress that the U.S. housing crisis “is likely to be contained.” Where The Market Was: The Dow...

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 31, 2006, the Senate approved the appointment of Ben Bernanke as chairman of the Federal Reserve. Where Was The Market? The S&P 500 was trading at 1,280.08 and the Dow...

Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On this day in 1953, farmer Federal Reserve chair Ben Bernanke was born. Where Was The Market? The Dow Jones Industrial Average traded at 279.91. The S&P 500 did not...

Jerome Powell was sworn in on Feb. 5, 2018 as the 16th chairman of the Federal Reserve. In the role, Powell is tasked with steering America’s economy. Here is a look at some things you might not know about Powell. 1. Education: He graduated with a bachelor’s degree from...

The price of bitcoin was flat on Thursday after former national security advisor John Bolton revealed in his new book that President Donald Trump reportedly instructed Treasury Secretary Steven Mnuchin to “go after Bitcoin [for fraud]" in a conversation in May 2018. At the time...

The S&P 500 came roaring back after hitting multi-year lows on optimism that a $2 trillion government stimulus package can get America through the worst of the coronavirus (COVID-19) outbreak. The Dow Jones Industrial Average gained nearly 20% over a three-day stretch from Tuesday...

The 2008 financial crisis was the result of the collapse of the financial system but the coronavirus could have the opposite impact of trickling its way towards the financial system, according to former Fed Chairman Ben Bernanke. Different Type of Financial Crisis The 2008 crisis started with the...