WRAPUP-Obama to tap Bernanke for second term as Fed chief

Newswire

* Bernanke wins high marks from financial markets * Must be confirmed by U.S. Senate * Renomination expected but early move should ease fears * Obama to praise Bernanke for courage and creativity * Fed job won't get easier, must unwind emergency measures By Ross Colvin and Patricia Zengerle OAK BLUFFS, Mass., Aug 24 (Reuters) - U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve on Tuesday, keeping him on the job of guiding ...

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