- published: 23 Mar 2016
- views: 573151
Bernard "Bernie" Sanders (born September 8, 1941) is the junior United States Senator from Vermont. He previously represented Vermont's at-large district in the United States House of Representatives. Sanders also served as mayor of Burlington, Vermont.
Sanders is a self-described democratic socialist, and has praised European social democracy (though he has also criticized its contemporary "Third Way" departure). He is the first person elected to the U.S. Senate to identify as a socialist. Sanders caucuses with the Democratic Party and is counted as a Democrat for the purposes of committee assignments, but because he does not belong to a formal political party, he appears as an independent on the ballot. He was also the only independent member of the House during much of his service there.
Sanders, the son of Jewish Polish immigrants to the United States, was born in Brooklyn, New York. He graduated from James Madison High School in Brooklyn and later attended the University of Chicago, graduating with an B.A. in political science in 1964. After graduating from college, Sanders spent time on an Israeli kibbutz, an experience which shaped his political views. In 1964, Sanders moved to Vermont, where he worked as a carpenter, filmmaker, writer and researcher, among other jobs.
Ben Shalom Bernanke (English pronunciation: /bərˈnæŋki/ bər-NANG-kee; born December 13, 1953) is an American economist and currently chairman of the Federal Reserve, the central bank of the United States. During his tenure as chairman, Bernanke has overseen the Federal Reserve's response to the late-2000s financial crisis.
Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the department of economics there from 1996 to September 2002, when he went on public service leave. From 2002 until 2005, he was a member of the Board of Governors of the Federal Reserve System, proposed the Bernanke Doctrine, and first discussed "the Great Moderation"--the theory that traditional business cycles have declined in volatility in recent decades through structural changes that have occurred in the international economy, particularly increases in the economic stability of developing nations, diminishing the influence of macroeconomic (monetary and fiscal) policy. Bernanke then served as chairman of President George W. Bush's Council of Economic Advisers before President Bush appointed him on February 1, 2006, to be chairman of the United States Federal Reserve. Bernanke was confirmed for a second term as chairman on January 28, 2010, after being re-nominated by President Barack Obama.