The Fed chairman helped contain the financial crisis and won the backing of President Obama, but difficulties lie ahead, in this video edition of The Business Week
Federal Reserve Chairman Ben Bernanke received a boost this week when President Obama reappointed him to another four-year term, pending confirmation by the Senate. Obama credited him with containing the financial crisis, but much work remains to get the economy growing again. BusinessWeek Chief Economist Mike Mandel and Economics Editor Peter Coy assess Bernanke's performance and look at some of the problems the U.S. economy could still endure.
Plus, the impact of the rising deficit on federal legislation such as health care, how the French are cracking down on the pay packages of bankers, and our look at the economic week ahead.
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To go straight to our look at the economic week ahead, click here.