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July 9, 2009 10:42 AM

White House Weighs Bernanke's Future

(AP Photo/Susan Walsh)
With Federal Reserve Chairman Ben Bernanke's term expiring in January, the White House faces a big decision on whether to reappoint him.

Bernanke has taken hits among lawmakers for his handling of the federal bailout of the financial system, but he's enjoying solid support on Wall Street, according to a Wall Street Journal report Thursday ($).

Forty-three of 46 private sector economists support Bernanke's reappointment, according to a Journal poll, though some polled noted his decisions have not been flawless.

Bernanke supporters cite his bipartisan efforts to lift the country out of a severe financial crisis as well as a desire not to "change horses midstream." But his reappointment will require Senate confirmation, where he's drawm criticism from key figures on both sides of the aisle.

So as President Obama considers Bernanke's future, the Journal looked at some possible alternatives:

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Tags:
bernanke ,
federal reserve ,
white house ,
obama ,
summers ,
yellen
Topics:
Federal Reserve

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