Thursday, January 28, 2010

Bernanke confirmed...................

After weeks of uncertainty, the Senate on Thursday voted 70 to 30 to confirm Ben Bernanke for a second term as chairman of the Federal Reserve. The final vote on his nomination immediately followed a procedural vote of 77-23 to end debate. Bernanke, originally nominated by President Bush in 2006 to succeed Alan Greenspan, was renominated by President Obama in August. The weeks leading up to the Jan. 31 expiration of his first term proved tumultuous for the country’s head banker...Link