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31/01/2006 Ben Bernanke is approved as Fed chief in Senate

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News Update: Ben Bernanke Confirmed as Fed Chairman

Ben Bernanke began a four-year term as chairman of the Federal Reserve. He sat on the Financial Stability Oversight Board that oversees the Troubled Asset Relief Program. Bernanke also served as chairman of the Federal Open Market Committee, the System's principal monetary policymaking body.