Bernanke sworn in as White House adviser

Ben Bernanke was sworn in as chairman of President George W. Bush's Council of Economic Advisers on Tuesday 21 June, leaving his post as a Federal Reserve member.

In a White House ceremony, Bush praised Bernanke as 'a talented and visionary thinker,' and added 'I'll look forward to his advice, I'll look forward to his counsel, and there's no doubt in my mind he will be an outstanding chairman.'

Bernanke replaces Gregory Mankiw who resigned in February.

Bernanke, 51, took office in the Fed in

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