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Ben Bernanke Fast Facts

Federal Reserve Chairman Ben Bernanke

Here's a look at the life of former Federal Reserve Chairman Ben Bernanke.

Personal:
Birth date:
December 13, 1953
Birth place: Augusta, Georgia
    Birth name: Ben Shalom Bernanke
    Father: Philip Bernanke, a pharmacist
    Mother: Edna (Friedman) Bernanke, a substitute teacher
    Marriage: Anna (Friedmann) Bernanke (1978-present)
    Children: Alyssa, June 21, 1986; Joel, December 5, 1982
    Education: Harvard University, B.A. in Economics, 1975 - graduated summa cum laude, Massachusetts Institute of Technology, Ph.D. in Economics, 1979
    Other Facts:
    Author of textbooks, many scholarly articles and books on a variety of economic issues.
    Previously served as the director of the Monetary Economics Program of the National Bureau of Economic Research (NBER) and as a member of its Business Cycle Dating Committee.
    Timeline:
    1979-1985 -
    Associate professor at the Graduate School of Business, Stanford University.
    1985-1996 - Professor of Economics and Public Affairs at Princeton.
    1996-2002 - Chairman of the Princeton University Economics Department and the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs.
    June 21, 2005-January 2006 - Chairman of the President's Council of Economic Advisers.
    October 24, 2005 - President George W. Bush nominates Ben Bernanke to replace Alan Greenspan as the chairman of the Federal Reserve.
    January 31, 2006 - Confirmed by the Senate to succeed Alan Greenspan as chairman of the Federal Reserve, he is appointed to a four-year term as chairman of the Federal Open Market Committee which expires January 31, 2010. He is also appointed to a 14-year term as a member on the Board of the Federal Open Market Committee. This term expires January 31, 2020.
    February 1, 2006-January 31, 2014 - Chairman of the Board of Governors of the U.S. Federal Reserve.
    August 25, 2009 - President Barack Obama nominates Bernanke for a second term as chairman of the Federal Reserve.
    December 16, 2009 - Named Time's Person of the Year.
    January 28, 2010 - Is confirmed by the U.S. Senate for a second four-year term by a vote of 70-30.
    April 27, 2011 - Holds a press conference after an interest rate decision, for the first time in the Fed's 98-year history.
    January 14, 2013 - Answers questions via Twitter for the first time, as part of a University of Michigan's Ford School of Public Policy program.
    February 3, 2014 - Janet Yellen is sworn in as his successor as head of the Federal Reserve.
    April 16, 2015 - The New York Times reports that Bernanke has been hired by the hedgefund Citadel LLC as adviser.
    April 29, 2015 - Pimco says it's hiring Bernanke as senior adviser.
    October 2015 - His memoir, The Courage to Act, is published.