Supporting the Nomination of Dr. Ben Bernanke

SUPPORTING THE NOMINATION OF DR. BEN BERNANKE -- (House of Representatives - October 27, 2005)

(Mr. WILSON of South Carolina asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)

Mr. WILSON of South Carolina. Madam Speaker, I am thrilled that President Bush has nominated a son of South Carolina to serve as Chairman of the Federal Reserve Board.

As a boy in Dillon, South Carolina, Ben Bernanke demonstrated his brilliance for economics at a young age. He taught himself calculus, excelled at his SATs, and eventually received his doctorates from the Massachusetts Institute of Technology, where he specialized in monetary policy.

Throughout the course of his career, he has taught our Nation's top schools and been a leader of our economic institutions. As President Bush's economic adviser, he has played a pivotal role in sustaining economic growth in our country. Today Dr. Bernanke is respected as one of the world's most accomplished monetary economists.

As a successor to Chairman Alan Greenspan, Dr. Bernanke will certainly have big shoes to fill. With his background, I am confident that he has the knowledge, experience, and ability to serve as Chairman of the Federal Reserve Board.

In conclusion, God bless our troops, and we will never forget September 11.

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