Tuesday, June 23, 2015

Bernanke Slams Hamilton Demotion on $10 Bill in Brookings Post

Former Federal Reserve Chairman Ben Bernanke, a Distinguished Fellow in Residence at the Brookings Institution, slammed Treasury Secretary Jack Lew's decision to remove Alexander Hamilton from the ten dollar bill.

We at Think Tank Watch wonder if Bernanke's love of Hamilton has anything to do with the fact that his think tank houses The Hamilton Project, an economic policy initiative launched in 2006 that produces policy proposals on how to create a growing economy that benefits more Americans.

The Project is indeed named after Alexander Hamilton, who the think tank says "laid the foundation for the modern American economy."

The Hamilton Project is full of big-name economists, although Bernanke is not directly affiliated with it.

In related Hamilton Project news, Jane Dokko, who recently became Policy Director at Hamilton Project after a stint at the Council on Economic Advisers, just got married to Jonathan Rose, a senior economist at the Federal Reserve Board of Governors.