FORMER FED GOVERNOR: Obama 'Basically Fired Ben Bernanke On The Spot'
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Last night, President Obama said in an interview, "Well, I think Ben Bernanke's done an outstanding job. Ben Bernanke's a little bit like Bob Mueller, the head of the FBI - where he's already stayed a lot longer than he wanted or he was supposed to."
That raised some eyebrows and really turned up the volume on the conversation today regarding potential successors to replace Bernanke when his term as Chairman of the Federal Reserve expires in January.
In an interview with CNBC this afternoon, former Fed Governor Larry Meyer said Obama "basically fired Ben Bernanke on the spot" last night.
"This is really remarkable," said Meyer. "I almost fell off my chair when I heard the President's remarks last night. He basically fired Ben Bernanke on the spot, and gave a fairly tepid testimonial afterward."
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