Edward Harrison here. Here is a video clip of mark Thoma talking about the Federal Reserve Chairman’s chances of re-appointment. He says time is not on Chairman Bernanke’s side. If you saw the Ron Paul video at Credit Writedowns yesterday, you could see what’s happening.
I don’t have a strong view, although I believe most of the other bloggers (including Yves?) are against. Reminder: This is what Mark wrote about the Chairman’s being re-appointed in June.
I’d reappoint him. If forced to choose between Yellen and Summers, I’d choose Yellen.
Question: are these still the alternatives if Bernanke is not confirmed?
(video embedded above)
See also Bernanke’s nomination approved by Senate banking panel from the BBC