BUSH NOMINATES BEN BERNANKE AS CHAIRMAN OF THE FEDERAL RESERVE BOARD

U.S. President George W. Bush arrives to nominate Ben Bernanke as Chairman of the Federal Reserve Board in the Oval Office of the White House on Oct. 24, 2005. Bernanke, 41, chairman of the president's Council of Economic Advisers, would replace outgoing Chairman Alan Greenspan, right, if confirmed by the Senate. (UPI Photo/Mark Wilson)