Reuters: Politics: Obama has shortlist to succeed Federal Reserve chairman Bernanke

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Obama has shortlist to succeed Federal Reserve chairman Bernanke Jun 28th 2013, 00:39 Tweet Share this Email Print Related News White House expects Russia to look at all options to expel Snowden back to U.S. Mon, Jun 24 2013 Obama to nominate Jim Comey as next FBI chief on Friday Thu, Jun 20 2013 Bernanke says Fed likely to reduce bond buying this year Wed, Jun 19 2013 Obama says Bernanke has 'stayed a lot longer' than he wanted at Fed Tue, Jun 18 2013 Five criteria Obama may weigh in seeking Bernanke successor Fri, Jun 7 2013 Analysis & Opinion Is Ben Bernanke wrong, or is QE impotent? Why Obama must prevail for a 'grand bargain' The Federal Reserve Building stands in Washington April 3, 2012. Credit: Reuters/Joshua Roberts By Steve Holland WASHINGTON | Thu Jun 27, 2013 8:39pm EDT WASHINGTON (Reuters) - The White House has assembled a shortlist of candidates to succeed Federal Reserve Bank chairman Ben Bernanke, a source familiar with the process said, and U.S. Treasury Secretary Jack Lew is running the search. Bernanke is expected to leave when his second term ends on January 31, after an eventful eight years in helping the U.S. economy recover from the worst recession since the Great Depression. President Barack Obama hinted in a television interview this month that Bernanke would step down, comparing him to longtime FBI Director Robert Mueller, who agreed to stay two years longer in the job than he had planned, and is now to leave. Lew has assembled a short list with the help from several senior White House officials, the source said, speaking on the condition of anonymity. There was no information on who is on the list, although Janet Yellen, Lawrence Summers and Timothy Geithner are considered to be likely leading choices. "We decline to comment on speculation on any personnel matters until the President has made his decisions and is ready to announce them," said Amy Brundage, White House spokeswoman. "The President believes that Chairman Bernanke is a vital and excellent partner in promoting our economic recovery and he continues to serve admirably and with distinction during this important time for our country," she said. (Reporting by Steve Holland, writing by Douwe Miedema) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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