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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MICHELLE CARUSO-CABRERA, CNBC ANCHOR: Our top story this morning, Ben Bernanke the nominee. After months of speculation, President Bush announcing that the head of the White House Economic Council and former Federal Reserve Governor Ben Bernanke is his pick to succeed Alan Greenspan. Greenspan will step down on January 31st after leading the central bank for 18 years. The 51-year-old Bernanke arrived at the White House back in June after serving on the Fed`s Board of Governors from 2002 to 2005, he also chaired the Princeton Economics Department before joining the Fed. The nominee says he will stay true to the work done by his predecessor.
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BEN BERNANKE, FEDERAL RESERVE CHAIRMAN NOMINEE: My first priority will be to maintain continuity with the policies and policy strategies established during the Greenspan years.
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CARUSO-CABRERA: For insight and analysis into what Ben Bernanke`s nomination means for monetary policy, the economy and the markets, we turn to Chuck Gabriel, he is senior vice president for Washington research,...
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