Ben Bernanke’s Fed pulled off a miracle during the financial crisis of 2008 and 2009. What might Kevin Warsh be forced to pull out of his hat as the central bank’s new boss ? On one level, those perilous years dwarfed any crisis that’s in the foreseeable future for the Federal Reserve. To address it, Bernanke with the help of others (then-NY Fed chief Tim Geithner and later Obama Treasury secretary among the most prominent) deployed drastic moves that remain controversial today: slashing rates

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