The Associated Press
| 25 Aug 2009 | 09:39 AM ET
Praising him as the man who shepherded the United States past the worst economic crisis since the Great Depression, President Barack Obama on Tuesday announced plans to keep Federal Reserve Chairman Ben Bernanke in his job for another term.
Bernanke, credited with guiding the economy away from its worst recession since the 1930s, now faces the challenge of meeting the White House expectations to guide an economic recovery critical to Obama's legacy. Widely lauded for taking aggressive action to avert an economic catastrophe after the financial meltdown last year, Bernanke stood beside the president — and before reporters — while Obama took a brief break from his summer vacation on the island of Martha's Vineyard off the coast of Massachusetts.
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