This central bar is oriented about 20 degrees from our line of sight to the center of the galaxy - so the diagram above doesn't look quite right to me. The bar seems to rotate like a cylinder - rigidly. This type of structure is typical of many galaxies, not just ours. There's evidence that our bar is a fairly uniform population, there's no real evidence of recent mergers. That's inconsistent with a model of galaxy formation by merger, which seemed to work well for elliptical galaxies. Our Milky Way is a barred spiral - different from ellipticals - but it was thought for a while that the central bulge of spirals might have formed a similar manner. Now that no longer appears to be true.
For some scientific details see The Bulge Radial Velocity Assay (BRAVA): II. Complete Sample and Data Release and OUR MILKY WAY AS A PURE-DISK GALAXY—A CHALLENGE FOR GALAXY FORMATION.
