Search the Archive

A Closer Look (Money Man) #806695

ABC Evening News for Monday, Oct 24, 2005
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Elizabeth Vargas) The White House announcement of President Bush's replacement of Federal Reserve Board chairman Alan Greenspan†† with Ben Bernanke†, who currently heads the president's Council of Economic Advisers, noted.

(White House: Terry Moran) The big opportunity for Bush in naming the head of the Federal Reserve featured; details given of the role of the Fed in adjusting interest rates. [BUSH - nominates Bernanke; praises central banker Greenspan.] [BERNANKE - states his first priority will be to provide continuity to the Greenspan years.] Bernanke's background reviewed. [New York University economics professor Mark GERTLER†- talks about Bernanke's policy background.]

(Studio: Elizabeth Vargas) Stock Market Report

(Studio: Elizabeth Vargas, Betsy Stark) The reaction of Wall Street & Main Street investors to the changes at the Federal Reserve & the likelihood that interest rates will keep rising to fight inflation discussed.

Reporter(s):
Vargas, Elizabeth;
Moran, Terry;
Stark, Betsy
Duration:
00:03:30

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.