Ben Bernanke reshapes the Fed’s place

The World

Federal Reserve Board chair Ben Bernanke is bursting through longstanding boundaries between the Fed and the federal government, some which could fundamentally change the Fed’s place in the American economy. Is this a good thing for the independent Fed? Guest: Roger Lowenstein, author of the bestselling ?Buffett: The Making of an American Capitalist? and ?While America Aged: How Pension Debts ruined General Motors, Stopped the NYC subways, Bankrupted San Diego, and Loom as the Next Financial Crisis.? Lowenstein reported for the Wall Street Journal for more than a decade. He also wrote a January New York Times cover story on Ben Bernanke.

Are you with The World?

The story you just read is available to read for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, the reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.

When you make a gift of $10 or more a month, we’ll invite you to a virtual behind-the-scenes tour of our newsroom to thank you for being with The World.