Here are the men who are determining our generation’s financial future.
Although President Obama has only been in office for little over 100 days, he has already signed into law a $787 billion economic stimulus package which gives billions to help the country with tax relief, healthcare, education, infrastructure, scientific research and several other areas.
Federal Reserve Chairman Ben Bernanke is essentially in charge of determining the nation’s monetary policies. The Federal Reserve can buy and sell securities on the open market in order to lower or raise the prevailing interest rates.
Treasury Secretary Tim Geithner is in charge of managing federal finances, taxes, coinage, public debt and advising the Congress on economic matters. Geithner’s major concerns include the national debt—which has now been accumulating for decades with only one year as exception—is getting out of hand.
These three are, of course, not an exhaustive list, merely three of the most important people in our nation’s economic life.
Their continued work on our nation’s economic recovery may be what eventually turns the tide.