Thursday, January 28, 2010

News Alert: U.S. Senate Clears Way to Confirm Ben S. Bernanke in New Term at Fed

Breaking News Alert
The New York Times
Thu, January 28, 2010 -- 3:46 PM ET
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U.S. Senate Clears Way to Confirm Ben S. Bernanke in New Term at Fed

The Senate indicated that it would confirm Ben S. Bernanke
for a second term as chairman of the Federal Reserve, taking
the key procedural step of voting 77 to 23 to end debate, in
what is known as a cloture vote. A second, formal vote to
confirm Mr. Bernanke, whose leadership of the Fed during the
financial crisis has come under criticism, could also take
place on Thursday. Mr. Bernanke's current four-year term
expires on Sunday.

Read More:
http://www.nytimes.com?emc=na

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