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Historical person

Ben Bernanke Biography

Historical biography and chronological timeline for Ben Bernanke, based on 6 World History Database records associated with United States of America.

6 records2005–20086 events1 places

Chronological biography

2005

Federal Reserve24 October 2005
Government / Republican Party Government

President Bush nominates economist Ben Bernanke to succeed Alan Greenspan as chairman of the Federal Reserve Board when his term expires on January 31, 2006. The legendary Greenspan had served as the Feds chairman for 18 years

2008

Emergency Interest Rate Cut22 January 2008
Economy / Federal Reserve · Chairman of Federal Reserve · Washington

The Federal Reserve cuts its target rate after sharp declines in international markets.

Bear Stearns Rescue16 March 2008
Economy / Federal Reserve · Chairman of Federal Reserve · Washington

The Federal Reserve supports the Bear Stearns transaction to reduce systemic financial risk.

AIG Emergency Lending16 September 2008
Economy / Federal Reserve · Chairman of Federal Reserve · Washington

The Federal Reserve authorises emergency credit to prevent the disorderly failure of AIG.

Coordinated Interest Rate Cut8 October 2008
Economy / Federal Reserve · Chairman of Federal Reserve · Washington

The Federal Reserve joins other central banks in a coordinated reduction of policy rates.

Zero Interest Rate Policy16 December 2008
Economy / Federal Reserve · Chairman of Federal Reserve · Washington

The Federal Reserve lowers the federal funds target range to near zero.

Titles and roles

Chairman of Federal Reserve

Record provenance

This biography is assembled from World History Database records filtered by country and personal-name fields. Exact duplicate display records are removed. The database is an index rather than a complete narrative biography; formal research should verify entries against relevant primary or specialist sources.