Bernanke Approved For 2nd Term As Fed Chairman By Senate Banking Panel

WASHINGTON — A Senate panel on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke to run the nation’s central bank for another four years.

The Senate Banking Committee voted 16-7 to send Bernanke’s nomination to the full Senate for consideration. Approval came after a two-hour debate that heaped both praise and criticism on the Fed chief.

Read more: Senate, Bernanke, Federal Reserve, Financial Crisis, Federal Reserve Chairman, Senate Banking Committee, Sen. Richard Shelby, Wall Street, Ben Bernanke, Richard Shelby, Business News

CategoriesUS

Leave a Reply