Bernanke succeeded Alan Greenspan as head of the country's leading agency on monetary policy, and his nomination to another term is subject to Senate confirmation.
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Obama taps Bernanke for second term
OAK BLUFFS, Mass. (AP) - August 25, 2009 Standing alongside Bernanke for the statement on the island of
Martha's Vineyard, Obama said the country is "a long way away"
from a complete economic recovery. But the vacationing president
also said the 55-year-old Bernanke tackled the crisis "with bold
action and outside-the-box thinking" that helped limit the damage.
