(Bloomberg) -- Federal Reserve Chairman Ben S.
Bernanke is a hero on Wall Street; the same isn't true in
Washington.
Sixteen months after succeeding Alan Greenspan, the
chairman has managed to avert recession despite a housing
collapse and keep inflation drifting lower in the face of $70
oil. At the same time, his relations with Congress are souring
as lawmakers threaten to strip some of the Fed's authority to
punish it for what they see as lax credit regulation.
Read more at Bloomberg Currencies News
Bernanke is a hero on Wall Street; the same isn't true in
Washington.
Sixteen months after succeeding Alan Greenspan, the
chairman has managed to avert recession despite a housing
collapse and keep inflation drifting lower in the face of $70
oil. At the same time, his relations with Congress are souring
as lawmakers threaten to strip some of the Fed's authority to
punish it for what they see as lax credit regulation.
Read more at Bloomberg Currencies News
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