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Next Federal Reserve Chair?

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  • Description

    FBN's Peter Barnes on potential replacements for Fed Chairman Ben Bernanke when his term expires.

  • Duration 1:31
  • Date

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Federal Reserve Chairman Ben Bernanke has less than a year left -- his term and many suspect vice chairwoman Janet Yellen.

We'll be chosen as his.

Replacement -- -- in Washington an -- yellen speaks out on the economy today Peter.

That's -- -- Allen as the most obvious pick to replace Bernanke foremost handicap -- the president.

Not ask chairman Bernanke to agree to a third term she is the current vice chairman.

A well known dove at the Fed -- less concerned about inflation reigniting more concerned about jobs in getting unemployment.

Down through aggressive fed policies like.

QE four ever additional quantitative easing the Fed launched last month.

-- just wrapping up a speech today are at the on the job market at the AFL CIO chairman Bernanke was at the White House last week to chat with the president it turns out.

An Obama aide says it was just a check and meeting that they do from time to time no word if they discussed a third term.

For the chairman some fed watchers think Bernanke would stay for a third term if the president asked him.

Another says to also watch Jeremy Stein the Harvard economist the president appointed.

For the Fed -- late 2011.

Other potential Bernanke replacements fed watchers say.

Former vice chairman Don Kohn and another former vice chairman Ronald Ferguson who now runs the pension fund for college teachers and administrators TIAA.

-- -- Good stuff Peter thank CEO.

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