Changes

In August 2009, economists--most of them conservatives--on the ''Wall Street Journal'' panel  are nearly unanimous that Bernanke should be reappointed to another term as chairman. The majority of these economists said the [[Recession of 2008]] is now over. Battling the downturn defined most of Mr. Bernanke's term, which began in early 2006 and expires in January 2010, and economists say his handling of the crisis has earned him four more years as Fed chief.  A slow initial response to the credit squeeze and the decision to let Lehman Brothers fail were cited as the biggest errors.<ref> See [http://online.wsj.com/article/SB124993702311020493.html?mod=djemalertNEWS Phil Izzo, "Economists Call for Bernanke to Stay, Say Recession Is Over," ''Wall Street Journal'' Aug. 11, 2009]</ref> President Barack Obama’s nomination of Ben Bernanke to a second term as chairman of the United States Federal Reserve. <ref>[http://www.bworld.com.ph/BW090109/content.php?id=146 One hand clapping for Ben Bernanke, Business World, August 31, 2009]</ref>

In August 2009, economists--most of them conservatives--on the ''Wall Street Journal'' panel  are nearly unanimous that Bernanke should be reappointed to another term as chairman. The majority of these economists said the [[Recession of 2008]] is now over. Battling the downturn defined most of Mr. Bernanke's term, which began in early 2006 and expires in January 2010, and economists say his handling of the crisis has earned him four more years as Fed chief.  A slow initial response to the credit squeeze and the decision to let Lehman Brothers fail were cited as the biggest errors.<ref> See [http://online.wsj.com/article/SB124993702311020493.html?mod=djemalertNEWS Phil Izzo, "Economists Call for Bernanke to Stay, Say Recession Is Over," ''Wall Street Journal'' Aug. 11, 2009]</ref> Barack Obama has nominated Ben Bernanke to a second term as chairman of the United States Federal Reserve. <ref>[http://www.bworld.com.ph/BW090109/content.php?id=146 One hand clapping for Ben Bernanke, Business World, August 31, 2009]</ref>