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Senate confirms Bernanke for second term as Fed chief, 70 to 30

winston53660

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Ben Bernanke today won a second term as chairman of the Federal Reserve.

In a debate that was more about popular anger over the economy and government bailouts than about Bernanke’s technical qualifications, the Senate voted 70-30 to confirm Bernanke.

Earlier, the Senate had voted 77-23 on the cloture motion that assured the confirmation. That motion required 60 votes to pass.

Senate confirms Bernanke for second term as Fed chief, 70 to 30 | D.C. Now | Los Angeles Times
 
I don't know if that's a good thing or not.
 
The problem with the Fed is not who's in charge. The problem is that it exists at all.
 
The problem with the Fed is not who's in charge. The problem is that it exists at all.

Yeah good one:roll:

Research economy stability prior to WWII (when macro economic policy was first introduced into the American spectrum).
 
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