Updated

NAME — Ben Bernanke.

AGE-BIRTH DATE — 52; Dec. 13, 1953, in Augusta, Ga.

EDUCATION — B.A. in economics, 1975, Harvard University; Ph.D. in economics, 1979, The Massachusetts Institute of Technology.

EXPERIENCE — Feb. 1-present, chairman of the Federal Reserve; June 2005 to Jan. 31, 2006, chairman, President's Council of Economic Advisers; 2002-2005, member, Board of Governors of the Federal Reserve System; 1996-2002, professor and chairman of the Economics Department at Princeton University; 1985-2002, economics professor, Princeton University.

FAMILY — Wife, Anna; two children.

QUOTE — "Economists like to argue that money belongs in the same class as the wheel and the inclined plane among ancient inventions of great social utility. Price stability allows that invention to work with minimal friction." — Feb. 24, 2006, in his first speech as Fed chairman.