US When Ben Bernanke was appointed chairman of the Federal Reserve, many wondered how the mild-mannered academic would fare in the shadow of Alan Greenspan and Paul Volcker, his renowned predecessors.
Now Mr Bernanke’s supporters say he is on his way to establishing his own standing in the pantheon of great Fed chairmen. His renomination by Barack Obama, US president, marks the ultimate seal of approval on his activist use of central bank powers to combat the financial crisis.
