Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Can Ben Bernanke Rise Again, Like a Twinkie? Can Ben Bernanke Rise Again, Like a Twinkie?

This ad will end in seconds
 
Close X

Not a member? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation
 

 

Congress

Can Ben Bernanke Rise Again, Like a Twinkie?

One congressman wants to know.

Ben Bernanke testifies before the House Financial Services Committee on Wednesday.(AP Photo/Charles Dharapak)

It's very likely that Ben Bernanke will not be sticking around for another term as chairman of the Federal Reserve Board. Back in June, President Obama said that Bernanke has stayed with the Fed "longer than he wanted." The president already has a short list of potential successors, according to Reuters. Janet Yellen, currently the Fed's vice chair, has turned into something of a favorite for the job.

But, not so fast, says Rep. Emanuel Cleaver, D-Mo. Bernanke may still rise again.

During the Fed chairman's testimony Wednesday in front of the House Financial Services Committee, Cleaver said that all of the compliments coming Bernanke's way were beginning to sound like a "eulogy." The congressman wasn't being completely facetious: Rep. Al Green, D-Texas, was only one of several members to praise Bernanke, saying: "I believe our country has benefited greatly from your service."

 

But Cleaver isn't ready to just say farewell to the chairman. The hearing may sound like a eulogy, but, as the congressman said, "even the Twinkie came back."

Not long ago, the humble Twinkie was thought to be dead when Hostess, the company that makes the indestructible delicacy, filed for bankruptcy. All seemed to be lost. Janet Yellen was probably the hands-on favorite to take over for your favorite snack.

But not so fast! Twinkies are back! Hostess managed to find some new owners, and Twinkies are getting ready to be reintroduced to the market, better than ever. If "smaller and with fewer calories" and much longer shelf life is what you think of as better than ever, at least.

But can Ben Bernanke really do the same? Can he fall from the limelight, only to return to the job slightly mutated and more agile? Probably not. But hey, it's not every day a member of Congress compares the chairman of one of the most obtuse federal agencies to junk food.

Job Board
Search Jobs
Professional Development Program Engineer
American Society of Civil Engineers | Farmington Hills, MI
Biomedical Service Internship Position
American Society of Civil Engineers | Flint, MI
Deputy Director of Transit Operations
American Society of Civil Engineers | San Jose, CA
Structural Engineer
American Society of Civil Engineers | New Haven, CT
Transportation Planner
American Society of Civil Engineers | Salinas, CA
Assessment and Remediation Team Lead
American Society of Civil Engineers | Regina, SK
Quality Systems Manager
American Society of Civil Engineers | Greensboro, NC
Quality Engineer
American Society of Civil Engineers | Attica, IN
Senior Water Resource Project Manager
American Society of Civil Engineers | Fairfax, VA
Civil Engineering
American Society of Civil Engineers | Steamboat Springs, CO
Entry Level Geotechnical Engineer
American Society of Civil Engineers | Albany, NY
Sales Engineer-Process Automation/Instrumentation
American Society of Civil Engineers
Senior Project Manager- Transportation
American Society of Civil Engineers | San Antonio, TX
Materials Engineer 2
American Society of Civil Engineers | IL
Land Surveyor
American Society of Civil Engineers
 
Comments
comments powered by Disqus