Ben Bernanke deserved reappointment as Fed Chairman


As Ben Bernanke embarks on another four-year term as chairman of the Federal Reserve, many expert economists have endorsed President Obama's decision against switching captains of the economic ship in the midst of the worst storm since the Great Depression.

There was some speculation that Obama would replace Bernanke with another prominent economic adviser, such as Larry Summers, Paul Volker, or Timothy Geithner. Talk of replacing Bernanke appeared to have died down over the last few months as the economy began showing signs of improvement.