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Romney adviser suggests Bernanke should stay | THE JEENYUS CORNER

 

By Steve Goldstein

WASHINGTON (MarketWatch) — Glenn Hubbard, an economics adviser to Republican presidential candidate Mitt Romney, said in an interview late Tuesday that the ex-Massachusetts governor would consider renominating Federal Reserve Chairman Ben Bernanke when his term expires in 2014.

Romney has previously said he’d get rid of Bernanke. “Ben is a model technocrat. He gets paid nothing for getting kicked around all the time. I think they ought to pat him on the back,” Hubbard said in an interview with Reuters TV.

Hubbard, the dean of the Columbia Business School, said he was opposed to the Fed launching a third round of bond buying.

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