Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Former Fed Chairman Bernanke joining Brookings
Washington • Ben Bernanke, who stepped down last week after eight momentous years as chairman of the Federal Reserve, is joining the Brookings Institution, a Washington think tank.
Bernanke will be a distinguished fellow in residence affiliated with Brookings' Hutchins Center on Fiscal and Monetary Policy, according to Brookings President Strobe Talbott.
Janet Yellen was sworn in Monday to succeed Bernanke at the Fed.
Bernanke had not previously disclosed his plans but had said he intended to stay in Washington and looked forward to writing and giving speeches on economic policy. Before coming to Washington, he had taught at Princeton University.
Talbot said Bernanke would be a "major contributor to the task of understanding the momentous events of the past eight years."
David Wessel, director of the Hutchins Center, said in a blog post that "we're looking forward to helping Mr. Bernanke with the book he plans to write." Wessel said he would also seek Bernanke's guidance on the center's efforts to improve understanding of the workings of the Fed.
Fed spokesman Dave Skidmore will take a one-year sabbatical from the Fed to help Bernanke with editing and research.