Gourinchas and Rey on Exorbitant Privilege
Unusual Juxtapositions

Ben Bernanke Holds the Fort Alone

I didn't know that Kristen Forbes had left the CEA:

Council of Economic Advisers: Ben S. Bernanke is Chairman of the Council of Economic Advisers (CEA). Two positions on the council are currently vacant. The CEA was established by the Employment Act of 1946 to provide the President with objective economic analysis and advice on the development and implementation of a wide range of domestic and international economic policy issues. The CEA includes three members who are appointed by the President, by and with the advice and consent of the Senate. The President shall designate one of the members as Chairman...

No news as to successors to her, or to Harvey Rosen.