News & Notes: U. professors included on Economist short list of Federal Reserve chairman candidates
University professors Alan Blinder ’67 and Alan Krueger were included on the Economist’s list of potential candidates for the next Federal Reserve chairman.
The list also includes current chairman Ben Bernanke, whose term as chairman ends on Jan. 31, 2014. Bernanke has not yet announced whether he will remain in the position. In the event that he steps aside, his potential successors include Janet Yellen, current vice chair; former director of President Obama’s National Economic Council Larry Summers and Obama’s first treasury secretary, Timothy Geithner.
Blinder, an economics professor, was vice chairman of the Federal Reserve under Bill Clinton. Krueger, jointly appointed in the economics department and Wilson School, is currently on leave from the University while he serves as the chairman of the Council of Economic Advisers.
Bernanke is a former economics department chair at Princeton and will be speaking at this year's Baccalaureate.