Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffer…
Jan. 25 — U.S. Senator Judd Gregg, a New Hampshire Republican, talks with Bloomberg’s Peter Cook about the likelihood that Federal Reserve Chairman Ben S. Bernanke will be confirmed for a second term by the Senate.
Bolstered by a White House lobbying effort that included the president, Federal Reserve Chairman Ben Bernanke’s chances at a second four-year term improved Monday.
Ben Bernanke’s confirmation to a second term as U.S. Federal Reserve chairman suddenly appeared in jeopardy on Friday even after Senate Majority Leader Harry Reid said he would back him.
Federal Reserve Chairman Ben Bernanke took the unusual step Tuesday of asking Congress’ investigative arm to conduct a “full review” of the Fed’s role in bailing out insurance giant American International Group.