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President Appoints Dr. Ben Bernanke for Chairman of the Federal Reserve
President George W. Bush is joined by Alan Greenspan, left, Chairman of the Federal Reserve, as he announces his nomination Monday, Oct. 24, 2005, of Ben Bernanke, right, as the new Chairman, to replace Mr. Greenspan when he retires in January. Said the President, "Ben Bernanke is the right man to build on the record Alan Greenspan has established. White House photo by Paul Morse

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