FRB: Press Release--Statement by Chairman Alan Greenspan on the appointment of Ben Bernanke--October 24, 2005

Release Date: October 24, 2005

For immediate release

Statement by Federal Reserve Board Chairman Alan Greenspan:
"The President has made a distinguished appointment in Ben Bernanke. Ben comes with superb academic credentials and important insights into the ways our economy functions. I have no doubt that he will be a credit to the nation as Chairman of the Federal Reserve Board."

President Appoints Dr. Ben Bernanke for Chairman of the Federal Reserve http://www.whitehouse.gov/news/releases/2005/10/20051024-2.html

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